At number 2742th in the list of Australian suburbs ordered by increase in median house value over the last year, Dakabin, 4503 is in the BOTTOM 40% with a property value increase of 1.11% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dakabin has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Dakabin are currently offering property investors an average price cut of -3.73% below the asking price at the moment.
Residents and property investors in Dakabin have been waiting around 60.67 days to sell a property.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 3.00%, investors should hope to achieve an overall return of 4.69%
Giving property investors a an unimpressive capital gain of -0.30% for the last year, Dakabin, 4503 is the 1152th highest performer in Australia in this respect.
While Dakabin,4503 ranked number 183th in QLD for increase in median house value (annualised) increase, it is ranked 304th over the last 5 years.
With the median price for a house in Dakabin being $363900 and the advertised rent reaching $345 the gross rental yield for property investors calculates out to be 4.93%