With a capital gain of 3.23% for the last 12 months, Runaway Bay, 4216 has performed for property investments than its average annual 2.03% property growth over the last 5 years.
Runaway Bay,4216 was ranked 2655 in Australia by increase in median property value over the quarter.
At number 411th of QLD’s most discounted properties, Runaway Bay is in the middle of the state/territory when listing in order of most discounted to least.
Runaway Bay is an average performer in QLD when comparing median price capital growth over the last year. Runaway Bay gave property investors a average capital gain figure when compared to the rest of the state, with 0.00%.
Taking the average capital gain, or increase in median house value, Runaway Bay,4216 has racked up an average of 0.00% over the period. This ranks it number 1169th in the whole country for real estate investors looking at median house price increases.
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 Runaway Bay, 4216. Typically our figures indicate that -5.61% is being offered, which puts this QLD suburb at 586th most discounted overall in Australia.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.38%, without taking into account capital value appreciation, which has been averaging out at 2.13%.