Investment property in Narangba has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
While Narangba,4504 ranked number 580th in QLD for increase in median house value (annualised) increase, it is ranked 391th over the last 5 years.
Narangba, 4504 is offering QLD ‘s 735th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
With the median price for a house in Narangba being $450000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.85%
Property investors who have had real estate in Narangba, 4504 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.92%
In the last year 13 properties changed hands in Narangba, which puts it as the 355th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Narangba being $340000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.35%