Over the last year, property investments in Basin Pocket, 4305 have given investors a capital gain of -7.00%. This compares very badly with the 2.06% for QLD as a whole.
Across a shorter period, Basin Pocket, 4305 has seen a median price increase of -2.21% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Basin Pocket itself are offering an average vendor discount of -6.98% to real estate investors.
At number 2403 in a list of fastest selling suburbs, Basin Pocket is in the bottom 40% of suburbs in Australia with an average of days on market 94.36 for properties listed there.
With the median price for a house in Basin Pocket being $232500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.26%