At number 2562th in the list of Australian suburbs ordered by increase in median house value over the last year, Arundel, 4214 is in the BOTTOM 40% with a property value increase of 3.50% recorded in median house prices.
The five-year average increase in median property values for Arundel,4214 has given property investors a potential capital gain of 26.32% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Arundel itself are offering an average vendor discount of -4.47% to real estate investors.
Arundel, 4214’s gross rental yield is 4.56%
Property value increases in Arundel have tracked just higher than the QLD average of 0.29% over the last 12 months.
Arundel,4214 was ranked 541 in Australia by increase in median property value over the quarter.
Vendor discounting in Arundel is giving property investors an average Vendor Discount of around -3.62%. This puts suburb at number 278th in QLD when ranking the most discounted suburbs.