QLD has seen average median house prices change by 1.98% which means that Miami, 4220 has done well for property investors by showing a capital gain of 11.29% over the last year
Over the longer term, Miami has seen property prices show investors a 34.90% return over the last 3 years. This is worse than over the last 12 months
At number 557th of QLD’s most discounted properties, Miami is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $6540 per annum or $545 every week.
Over the last year, property investments in Miami, 4220 have given investors a capital gain of 8.73%. This compares very favourably with the 0.77% for QLD as a whole.
While Miami,4220 ranked number 79th in QLD for increase in median house value (annualised) increase, it is ranked 43th over the last 5 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 Miami, 4220. Typically our figures indicate that -6.34% is being offered, which puts this QLD suburb at 399th most discounted overall in Australia.
With the median price for a house in Miami being $429500 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 5.15%