QLD has seen average median house prices change by 2.39% which means that Sandstone Point, 4511 has done well for property investors by showing a capital gain of 5.06% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Sandstone Point comes in at number 474th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.16% offered to property buyers. Sellers in Sandstone Point itself are offering an average vendor discount of -4.21% to real estate investors.
Residents and property investors in Sandstone Point have been waiting around 80.76 days to sell a property.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Property value increases in Sandstone Point have tracked just lower than the QLD average of 0.48% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sandstone Point has fallen somewhat when compared to the 5 year average annual rate.
Property buyers and investors in Sandstone Point 4511 should be seeing an average reduction in asking price of around -10.55% . This means that Sandstone Point is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $340 mark per week – giving a return of 4.48% based on the median price in Suburb