Arundel has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.55% to date .
Over the longer term, Arundel has seen property prices show investors a 19.37% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Arundel is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 684th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Arundel the average time real estate has been on the market is 60.26 days.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 2.73%, investors should hope to achieve an overall return of 4.56%
Arundel is an average performer in QLD when comparing median price capital growth over the last year. Arundel gave property investors a good capital gain figure when compared to the rest of the state, with 2.27%.
A 10.66% growth in median value for property investors in Arundel,4214 puts this suburb at number 111th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Arundel, 4214. Typically our figures indicate that -3.48% is being offered, which puts this QLD suburb at 1213th most discounted overall in Australia.
At number 946 in a list of fastest selling suburbs, Arundel is in the bottom 40% of suburbs in Australia with an average of days on market 88.11 for properties listed there.
The QLD suburb of Arundel, 4214 is in the Gold Coast local government area.