Property value increases in Basin Pocket have tracked close to the QLD average of 2.40% over the last 12 months.
Comparing Basin Pocket,4305 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Basin Pocket itself are offering an average vendor discount of -6.47% to real estate investors.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.87%, without taking into account capital value appreciation, which has been averaging out at 3.26%.