Investment property in Mango Hill has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.05%
While Mango Hill,4509 ranked number 128th in QLD for increase in median house value (annualised) increase, it is ranked 293th over the last 5 years.
Our latest figures would indicate that property sellers in Mango Hill are currently offering property investors an average price cut of -5.49% below the asking price at the moment.
In the last year 141 properties changed hands in Mango Hill, which puts it as the 130th most active market in QLD when comparing the number of sales per suburb.
Property investors who have had real estate in Mango Hill, 4509 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.38%
A 3.90% growth in median value for property investors in Mango Hill,4509 puts this suburb at number 162th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.97% offered to property buyers. Sellers in Mango Hill itself are offering an average vendor discount of -4.03% to real estate investors.