Investment property in Plainland has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.17%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Plainland has fallen somewhat when compared to the 5 year average annual rate.
Plainland4341 is located in QLD which offers an average discount of -7.29% to property investors. Plainland itself is showing figures that indicate -6.60% is the average achievable by property buyers investing in the suburb.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.55%, without taking into account capital value appreciation, which has been averaging out at 3.31%.