If you compare the increase in value of investment property in Mooloolaba, 4557 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.37%.
While Mooloolaba,4557 ranked number 427th in QLD for increase in median house value (annualised) increase, it is ranked 166th over the last 5 years.
Property buyers and investors in Mooloolaba 4557 should be seeing an average reduction in asking price of around -5.41% . This means that Mooloolaba is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 3.29%, investors should hope to achieve an overall return of 4.22%
At number 633th in the list of Australian suburbs ordered by increase in median house value over the last year, Mooloolaba, 4557 is in the top 40% with a property value increase of 6.89% recorded in median house prices.
If we look at median property appreciation over just the last three months, Mooloolaba has given property investors a paper return of -0.24%. This puts Suburb as 210 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Mooloolaba should be aiming for at least -5.68% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 28.25 sales per month, which equates to 339 per year.