Giving property investors a a stable capital gain of 11.21% for the last year, Mango Hill, 4509 is the 933th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Mango Hill,4509 has racked up an average of 11.21% over the period. This ranks it number 1786th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Mango Hill 4509 should be seeing an average reduction in asking price of around -6.08% . This means that Mango Hill is holding prices well when compared to other suburbs in QLD.
At number 1315 in a list of fastest selling suburbs, Mango Hill is in the TOP 40% of suburbs in Australia with an average of days on market 68.64 for properties listed there.
Advertised rents are around the $440 mark per week – giving a return of 4.48% based on the median price in Suburb
Mango Hill is an average performer in QLD when comparing median price capital growth over the last year. Mango Hill gave property investors a average capital gain figure when compared to the rest of the state, with 0.07%.
While Mango Hill,4509 ranked number 154th in QLD for increase in median house value (annualised) increase, it is ranked 186th over the last 5 years.
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 Mango Hill itself are offering an average vendor discount of -2.51% to real estate investors.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 0.21%, investors should hope to achieve an overall return of 5.02%