Property investors who have had real estate in Tamborine Mountain, 4272 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.95%
Comparing Tamborine Mountain,4272 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Tamborine Mountain is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 533th in terms of most discounted suburbs in QLD
Residents and property investors in Tamborine Mountain have been waiting around 92.68 days to sell a property.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.60%, without taking into account capital value appreciation, which has been averaging out at 1.79%.
Property value increases in Tamborine Mountain have tracked higher than the QLD average of 0.74% over the last 12 months.
While Tamborine Mountain,4272 ranked number 37th in QLD for increase in median house value (annualised) increase, it is ranked 316th over the last 5 years.
The most recent median price for Tamborine Mountain is $386500, with sellers offering an average of -5.97% off the asking price.
Situated 53.92km from the CBD, Tamborine Mountain is one of Scenic Rim localities in the postcode 4272.