Investment property in Ningi 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 7.11%
While Ningi,4511 ranked number 534th in QLD for increase in median house value (annualised) increase, it is ranked 481th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Ningi is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 531th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Ningi the average time real estate has been on the market is 103.04 days.
Ningi, 4511’s gross rental yield is 4.56%
Over the last year, property investments in Ningi, 4511 have given investors a capital gain of -0.13%. This compares averagely with the 1.23% for QLD as a whole.
Property investors should expect to get $350 weekly from the median priced house in this suburb.