QLD has seen average median house prices change by 1.98% which means that Mermaid Waters, 4218 has done well for property investors by showing a capital gain of 0.37% over the last year
The five-year average increase in median property values for Mermaid Waters,4218 has given property investors a potential capital gain of 28.90% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Mermaid Waters is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 484th in terms of most discounted suburbs in QLD
With the median price for a house in Mermaid Waters being $752750 and the advertised rent reaching $640 the gross rental yield for property investors calculates out to be 4.42%
With a capital gain of 11.45% for the last 12 months, Mermaid Waters, 4218 has performed for property investments than its average annual 3.45% property growth over the last 5 years.
A 21.06% growth in median value for property investors in Mermaid Waters,4218 puts this suburb at number 109th 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 Mermaid Waters, 4218. Typically our figures indicate that -4.55% is being offered, which puts this QLD suburb at 912th most discounted overall in Australia.
Mermaid Waters is 207th on a list of best yielding suburbs for rents in QLD with a 5.27% return