QLD has seen average median house prices change by 2.11% which means that Canungra, 4275 has done well for property investors by showing a capital gain of 4.27% over the last year
Canungra,4275 has offered an average of 4.27% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Canungra should be aiming for at least -5.01% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 25 properties changed hands in Canungra, which puts it as the 645th most active market in QLD when comparing the number of sales per suburb.
A $395 per week rent on the median house gives suburb investors a gross yield of circa 4.67%, without taking into account capital value appreciation, which has been averaging out at 2.44%.