At number 1823th in the list of Australian suburbs ordered by increase in median house value over the last year, One Mile, 4305 is in the top half with a property value increase of 7.76% recorded in median house prices.
One Mile,4305 was ranked 1756 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in One Mile should be aiming for at least -6.11% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 61 properties changed hands in One Mile, which puts it as the 384th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in One Mile being $250000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.82%