Meringandan West, 4352 ranked 524th in QLD when comparing growth in median property values or capital gain over the last 12 months. Meringandan West is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Meringandan West,4352 has racked up an average of 1.16% over the period. This ranks it number 2615th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Meringandan West is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 397th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 3.67%, investors should hope to achieve an overall return of 4.69%