Over the last year, property investments in Little Mountain, 4551 have given investors a capital gain of 0.28%. This compares badly with the 2.38% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Little Mountain has increased when compared to the 5 year average annual rate.
At number 631th of QLD’s most discounted properties, Little Mountain is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $495 and the average annual increase in value of a median property of 3.27%, investors should hope to achieve an overall return of 4.83%
Little Mountain is in the bottom 40% in QLD when comparing median price capital growth over the last year. Little Mountain gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.00%.
If we look at median property appreciation over just the last three months, Little Mountain has given property investors a paper return of 5.54%. This puts Suburb as 25 on a list of fastest fasting appreciating suburbs in QLD
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 Little Mountain, 4551. Typically our figures indicate that -7.40% is being offered, which puts this QLD suburb at 231th most discounted overall in Australia.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 6.06%, without taking into account capital value appreciation, which has been averaging out at 3.70%.