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 1.94%.
Comparing Centenary Heights,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -4.38% to buyers in Centenary Heights at the moment, which is less than average for the rest of QLD.
Property value increases in Centenary Heights have tracked just higher than the QLD average of 0.77% over the last 12 months.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Centenary Heights, 4350. Typically our figures indicate that -5.13% is being offered, which puts this QLD suburb at 728th most discounted overall in Australia.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.08%, investors should hope to achieve an overall return of 4.27%