Over the last year, property investments in Palmwoods, 4555 have given investors a capital gain of 2.96%. This compares averagely with the 1.88% for QLD as a whole.
Comparing Palmwoods,4555 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Palmwoods should be aiming for at least -6.23% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 116 properties changed hands in Palmwoods, which puts it as the 181th most active market in QLD when comparing the number of sales per suburb.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 2.28%.