With a capital gain of 2.47% for the last 12 months, Meringandan West, 4352 has performed for property investments than its average annual 5.08% property growth over the last 5 years.
Meringandan West,4352 has offered an average of 2.47% return per annum in house price rises to property investors over the last three years.
The most recent median price for Meringandan West is $415000, with sellers offering an average of -4.50% off the asking price.
Residents and property investors in Meringandan West have been waiting around 62 days to sell a property.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.51%, without taking into account capital value appreciation, which has been averaging out at 5.08%.