At number 3121th in the list of Australian suburbs ordered by increase in median house value over the last year, Little Mountain, 4551 is in the BOTTOM 30% with a property value increase of -0.56% 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 Little Mountain has increased when compared to the 5 year average annual rate.
Property buyers and investors in Little Mountain 4551 should be seeing an average reduction in asking price of around -4.63% . This means that Little Mountain is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Little Mountain being $537000 and the advertised rent reaching $497.5 the gross rental yield for property investors calculates out to be 4.82%
Property value increases in Little Mountain have tracked close to the QLD average of 0.66% over the last 12 months.
A 13.00% growth in median value for property investors in Little Mountain,4551 puts this suburb at number 240th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Little Mountain are currently offering property investors an average price cut of -6.16% below the asking price at the moment.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.