Giving property investors a an unimpressive capital gain of 0.97% for the last year, Mermaid Waters, 4218 is the 2770th highest performer in Australia in this respect.
While Mermaid Waters,4218 ranked number 193th in QLD for increase in median house value (annualised) increase, it is ranked 92th over the last 5 years.
Mermaid Waters, 4218 is offering QLD ‘s 510th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
On average over the past year, suburb has had 16.25 sales per month, which equates to 195 per year.
Property investors should expect to get $650 weekly from the median priced house in this suburb.
QLD has seen average median house prices change by 0.65% which means that Mermaid Waters, 4218 has done well for property investors by showing a capital gain of -0.76% over the last year
A 22.77% growth in median value for property investors in Mermaid Waters,4218 puts this suburb at number 212th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Mermaid Waters are currently offering property investors an average price cut of -4.92% below the asking price at the moment.
On average over the past year, suburb has had 14.50 sales per month, which equates to 174 per year.
Advertised rents are around the $380 mark per week – giving a return of 5.53% based on the median price in Suburb