With a capital gain of -16.81% for the last 12 months, St George, 4487 has performed for property investments than its average annual 5.79% property growth over the last 5 years.
The five-year average increase in median property values for St George,4487 has given property investors a potential capital gain of 9.46% 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 St George, 4487. Typically our figures indicate that -8.07% is being offered, which puts this QLD suburb at 742th most discounted overall in Australia.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 5.79%, investors should hope to achieve an overall return of 5.63%