Peachester, 4519 ranked 698th in QLD when comparing growth in median property values or capital gain over the last 12 months. Peachester is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Peachester has increased 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 -6.86% offered to property buyers. Sellers in Peachester itself are offering an average vendor discount of -5.20% to real estate investors.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 4.35%, investors should hope to achieve an overall return of 4.29%
Located 83km from the Brisbane CBD and about 35km from Caloundra, the suburb lies within the Sunshine Coast Hinterland.Full summary
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Located 83km from the Brisbane CBD and about 35km from Caloundra, the suburb lies within the Sunshine Coast Hinterland.
Peachester is quite small having just 1,083 residents according to the 2006 ABS Census. However, it’s accessibility to the Sunshine Coast centres of Caloundra and to Brisbane makes it an attractive destination for professionals who are searching for lifestyle as well as connectivity to job markets.
Median house price has come a long way from $8,080 in September 1979, according to Residex figures. Its relatively affordable housing offering will certainly boost its appeal as lifestyle destination for the budget conscious buyers.