At number 3455th in the list of Australian suburbs ordered by increase in median house value over the last year, Meringandan West, 4352 is in the BOTTOM 20% with a property value increase of -4.94% recorded in median house prices.
The five-year average increase in median property values for Meringandan West,4352 has given property investors a potential capital gain of 14.93% across each of those five years.
Property investors looking for a bargain in Meringandan West should be aiming for at least -5.90% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Meringandan West the average time real estate has been on the market is 90.05 days.
Meringandan West is 323th on a list of best yielding suburbs for rents in QLD with a 4.86% return