With a capital gain of 4.92% for the last 12 months, Deception Bay, 4508 has performed for property investments than its average annual 3.62% property growth over the last 5 years.
The five-year average increase in median property values for Deception Bay,4508 has given property investors a potential capital gain of 11.80% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Deception Bay itself are offering an average vendor discount of -5.38% to real estate investors.
In the last year 371 properties changed hands in Deception Bay, which puts it as the 10th most active market in QLD when comparing the number of sales per suburb.
Deception Bay, 4508’s gross rental yield is 5.03%
With a capital gain of 0.84% for the last 12 months, Deception Bay, 4508 has performed for property investments than its average annual 0.96% property growth over the last 5 years.
Deception Bay,4508 was ranked 875 in Australia by increase in median property value over the quarter.
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 Deception Bay, 4508. Typically our figures indicate that -5.58% is being offered, which puts this QLD suburb at 597th most discounted overall in Australia.
At number 1220 in a list of fastest selling suburbs, Deception Bay is in the bottom 20% of suburbs in Australia with an average of days on market 107.43 for properties listed there.