Miami has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 13.04% to date .
If we look at median property appreciation over just the last three months, Miami has given property investors a paper return of 1.48%. This puts Suburb as 303 on a list of fastest fasting appreciating suburbs in QLD
Miami4220 is located in QLD which offers an average discount of -7.21% to property investors. Miami itself is showing figures that indicate -6.05% is the average achievable by property buyers investing in the suburb.
In the last year 75 properties changed hands in Miami, which puts it as the 324th most active market in QLD when comparing the number of sales per suburb.
If you compare the increase in value of investment property in Miami, 4220 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 8.47%.
Over the longer term, Miami has seen property prices show investors a 20.59% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -5.15% to buyers in Miami at the moment, which is less than average for the rest of QLD.
Miami, 4220’s gross rental yield is 5.45%