Investment property in Middle Ridge 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 0.00%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Middle Ridge has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Middle Ridge are currently offering property investors an average price cut of -4.47% below the asking price at the moment.
Often selling an investment property can take time, and in Middle Ridge the average time real estate has been on the market is 73.56 days.
Advertised rents are around the $425 mark per week – giving a return of 4.15% based on the median price in Suburb