If you compare the increase in value of investment property in Mango Hill, 4509 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.54%.
Across a shorter period, Mango Hill, 4509 has seen a median price increase of 0.70% over the last quarter.
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 Mango Hill itself are offering an average vendor discount of -5.94% to real estate investors.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.
Over the last year, property investments in Mango Hill, 4509 have given investors a capital gain of -1.37%. This compares badly with the 0.77% for QLD as a whole.
A -2.57% growth in median value for property investors in Mango Hill,4509 puts this suburb at number 167th in terms of best performing suburbs in QLD
With the median price for a house in Mango Hill being $360000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.06%