If you compare the increase in value of investment property in Kilcoy, 4515 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 2.38%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kilcoy has fallen somewhat 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 -7.29% offered to property buyers. Sellers in Kilcoy itself are offering an average vendor discount of -7.68% to real estate investors.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 0.42%, investors should hope to achieve an overall return of 6.90%