Property value increases in Narangba have tracked just lower than the QLD average of 2.40% over the last 12 months.
Narangba,4504 has offered an average of 1.12% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Narangba are currently offering property investors an average price cut of -4.57% below the asking price at the moment.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.85%, without taking into account capital value appreciation, which has been averaging out at 3.29%.
With a capital gain of -0.31% for the last 12 months, Narangba, 4504 has performed for property investments than its average annual -1.47% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Narangba,4504 has racked up an average of -0.31% over the period. This ranks it number 1481th in the whole country for real estate investors looking at median house price increases.