Over the last year, property investments in Meringandan West, 4352 have given investors a capital gain of -5.49%. This compares very badly with the 2.06% for QLD as a whole.
The five-year average increase in median property values for Meringandan West,4352 has given property investors a potential capital gain of 14.16% across each of those five years.
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 Meringandan West, 4352. Typically our figures indicate that -6.06% is being offered, which puts this QLD suburb at 1828th most discounted overall in Australia.
On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 3.54%, investors should hope to achieve an overall return of 5.04%