Caboolture South has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.62% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Caboolture South has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Caboolture South itself are offering an average vendor discount of -5.18% to real estate investors.
Often selling an investment property can take time, and in Caboolture South the average time real estate has been on the market is 101.68 days.
With the median price for a house in Caboolture South being $290000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.38%
Property value increases in Caboolture South have tracked just lower than the QLD average of 1.70% over the last 12 months.