Property investors who have had real estate in Parkwood, 4214 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.29%
If we look at median property appreciation over just the last three months, Parkwood has given property investors a paper return of 4.84%. This puts Suburb as 86 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Parkwood 4214 should be seeing an average reduction in asking price of around -3.99% . This means that Parkwood is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $535 mark per week – giving a return of 4.59% based on the median price in Suburb
Parkwood, 4214 ranked 72th in QLD when comparing growth in median property values or capital gain over the last 12 months. Parkwood is one of 2415 in our list for QLD
Parkwood,4214 has offered an average of 8.23% return per annum in house price rises to property investors over the last three years.
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 Parkwood, 4214. Typically our figures indicate that -2.83% is being offered, which puts this QLD suburb at 1311th most discounted overall in Australia.
Often selling an investment property can take time, and in Parkwood the average time real estate has been on the market is 38.06 days.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 4.35%, investors should hope to achieve an overall return of 5.79%