Canungra has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.15% to date .
While Canungra,4275 ranked number 156th in QLD for increase in median house value (annualised) increase, it is ranked 497th over the last 5 years.
Vendor discounting in Canungra is giving property investors an average Vendor Discount of around -4.82%. This puts suburb at number 634th in QLD when ranking the most discounted suburbs.
In the last year 27 properties changed hands in Canungra, which puts it as the 627th most active market in QLD when comparing the number of sales per suburb.
Situated 62.59km from the CBD, Canungra is one of Scenic Rim localities in the postcode 4275.