Battery Hill has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.51% to date .
Taking the average capital gain, or increase in median house value, Battery Hill,4551 has racked up an average of 2.51% over the period. This ranks it number 2364th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Battery Hill should be aiming for at least -3.26% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Battery Hill the average time real estate has been on the market is 40.13 days.
At number 791th in the list of Australian suburbs ordered by increase in median house value over the last year, Battery Hill, 4551 is in the top half with a property value increase of 4.00% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Battery Hill has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Battery Hill is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 252th in terms of most discounted suburbs in QLD
In the last year 29 properties changed hands in Battery Hill, which puts it as the 260th most active market in QLD when comparing the number of sales per suburb.
Battery Hill is 56th on a list of best yielding suburbs for rents in QLD with a 6.40% return