At number 2119th in the list of Australian suburbs ordered by increase in median house value over the last year, Sandstone Point, 4511 is in the BOTTOM 50% with a property value increase of 3.80% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Sandstone Point comes in at number 450th in QLD.
LACK OF BUYER INTEREST may well be the reason that Sandstone Point is offering property investors an average of -7.31. This rate of discount on properties puts Suburb at number 767th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 7.83 sales per month, which equates to 94 per year.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
Property investors who have had real estate in Sandstone Point, 4511 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.73%
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.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Sandstone Point, 4511. Typically our figures indicate that -8.37% is being offered, which puts this QLD suburb at 131th most discounted overall in Australia.