If you compare the increase in value of investment property in Deception Bay, 4508 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.39%.
The five-year average increase in median property values for Deception Bay,4508 has given property investors a potential capital gain of 12.19% 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 -5.27% to real estate investors.
Deception Bay, 4508’s gross rental yield is 5.11%
At number 1130th in the list of Australian suburbs ordered by increase in median house value over the last year, Deception Bay, 4508 is in the BOTTOM 40% with a property value increase of -0.41% recorded in median house prices.
Across a shorter period, Deception Bay, 4508 has seen a median price increase of 0.00% over the last quarter.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Deception Bay itself are offering an average vendor discount of -4.10% to real estate investors.
In the last year 69 properties changed hands in Deception Bay, which puts it as the 141th most active market in QLD when comparing the number of sales per suburb.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 6.72%, without taking into account capital value appreciation, which has been averaging out at 1.09%.