If you compare the increase in value of investment property in Joyner, 4500 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -19.62%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Joyner has increased when compared to the 5 year average annual rate.
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 Joyner, 4500. Typically our figures indicate that -6.97% is being offered, which puts this QLD suburb at 1285th most discounted overall in Australia.
At number 2123 in a list of fastest selling suburbs, Joyner is just in the bottom half of suburbs in Australia with an average of days on market 86.2 for properties listed there.
A $530 per week rent on the median house gives suburb investors a gross yield of circa 5.27%, without taking into account capital value appreciation, which has been averaging out at 2.99%.