QLD has seen average median house prices change by 1.88% which means that Mountain Creek, 4557 has done well for property investors by showing a capital gain of 0.00% over the last year
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.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Mountain Creek itself are offering an average vendor discount of -4.36% to real estate investors.
The QLD suburb of Mountain Creek, 4557 is in the Sunshine Coast local government area.
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 -1.66%.
Mountain Creek,4557 has offered an average of -1.66% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Mountain Creek is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 167th in terms of most discounted suburbs in QLD
With the median price for a house in Mountain Creek being $370000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 5.76%