Property value increases in Strathpine have tracked just higher than the QLD average of 2.40% over the last 12 months.
The five-year average increase in median property values for Strathpine,4500 has given property investors a potential capital gain of 11.42% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Strathpine is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 697th in terms of most discounted suburbs in QLD
In the last year 154 properties changed hands in Strathpine, which puts it as the 107th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $370 mark per week – giving a return of 5.15% based on the median price in Suburb
Strathpine has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.35% to date .
While Strathpine,4500 ranked number 130th in QLD for increase in median house value (annualised) increase, it is ranked 228th over the last 5 years.
The most recent median price for Strathpine is $270000, with sellers offering an average of -4.55% off the asking price.
Often selling an investment property can take time, and in Strathpine the average time real estate has been on the market is 74.34 days.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 3.14%, investors should hope to achieve an overall return of 5.97%