If you compare the increase in value of investment property in Centenary Heights, 4350 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Centenary Heights comes in at number 473th in QLD.
Centenary Heights4350 is located in QLD which offers an average discount of -7.29% to property investors. Centenary Heights itself is showing figures that indicate -4.57% is the average achievable by property buyers investing in the suburb.
At number 983 in a list of fastest selling suburbs, Centenary Heights is in the TOP 30% of suburbs in Australia with an average of days on market 62.61 for properties listed there.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.70%, without taking into account capital value appreciation, which has been averaging out at 4.01%.
At number 1209th in the list of Australian suburbs ordered by increase in median house value over the last year, Centenary Heights, 4350 is in the BOTTOM 40% with a property value increase of -1.52% recorded in median house prices.
While Centenary Heights,4350 ranked number 251th in QLD for increase in median house value (annualised) increase, it is ranked 72th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Centenary Heights is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 258th in terms of most discounted suburbs in QLD
Centenary Heights, 4350’s gross rental yield is 4.25%