Investment property in Mountain Creek has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.93%
Over the longer term, Mountain Creek has seen property prices show investors a 13.68% return over the last 3 years. This is worse than over the last 12 months
At number 753th of QLD’s most discounted properties, Mountain Creek is in the TOP 10% of the state/territory when listing in order of most discounted to least.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 4.91%, without taking into account capital value appreciation, which has been averaging out at 3.14%.
Mountain Creek is in the bottom 40% in QLD when comparing median price capital growth over the last year. Mountain Creek gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.03%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mountain Creek has increased when compared to the 5 year average annual rate.
The most recent median price for Mountain Creek is $367500, with sellers offering an average of -5.58% off the asking price.
On average over the past year, suburb has had 5.00 sales per month, which equates to 60 per year.
Mountain Creek, 4557’s gross rental yield is 5.80%