Over the last year, property investments in Glass House Mountains, 4518 have given investors a capital gain of 3.92%. This compares averagely with the 2.22% for QLD as a whole.
While Glass House Mountains,4518 ranked number 234th in QLD for increase in median house value (annualised) increase, it is ranked 470th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.23% offered to property buyers. Sellers in Glass House Mountains itself are offering an average vendor discount of -4.39% to real estate investors.
Using the current median advertised rental of $415 and the average annual increase in value of a median property of 3.03%, investors should hope to achieve an overall return of 4.75%