At number 1199th in the list of Australian suburbs ordered by increase in median house value over the last year, Mango Hill, 4509 is in the top 30% with a property value increase of 9.17% recorded in median house prices.
Comparing Mango Hill,4509 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Mango Hill itself are offering an average vendor discount of -6.01% to real estate investors.
Situated 23.58km from the CBD, Mango Hill is one of Moreton Bay localities in the postcode 4509.
With a capital gain of -0.12% for the last 12 months, Mango Hill, 4509 has performed for property investments than its average annual 0.69% property growth over the last 5 years.
While Mango Hill,4509 ranked number 163th in QLD for increase in median house value (annualised) increase, it is ranked 183th over the last 5 years.
Property buyers and investors in Mango Hill 4509 should be seeing an average reduction in asking price of around -3.38% . This means that Mango Hill is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Mango Hill being $362750 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.02%