At number 1856th in the list of Australian suburbs ordered by increase in median house value over the last year, Arundel, 4214 is in the top half with a property value increase of 5.24% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Arundel comes in at number 240th in QLD.
Sellers are offering property buyers an average discount of -4.62% to buyers in Arundel at the moment, which is less than average for the rest of QLD.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 2.54%, investors should hope to achieve an overall return of 4.71%
Arundel is in the TOP 30% 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 7.09%.
The five-year average increase in median property values for Arundel,4214 has given property investors a potential capital gain of 9.68% across each of those five years.
At number 254th of QLD’s most discounted properties, Arundel is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 2.44%, investors should hope to achieve an overall return of 5.74%