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%
Across a shorter period, Mountain Creek, 4557 has seen a median price increase of 0.00% over the last quarter.
Vendor discounting in Mountain Creek is giving property investors an average Vendor Discount of around -4.22%. This puts suburb at number 758th in QLD when ranking the most discounted suburbs.
Residents and property investors in Mountain Creek have been waiting around 64.36 days to sell a property.
With the median price for a house in Mountain Creek being $540000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.81%
QLD has seen average median house prices change by 0.98% which means that Mountain Creek, 4557 has done well for property investors by showing a capital gain of 2.55% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Mountain Creek comes in at number 254th in QLD.
Property investors looking for a bargain in Mountain Creek should be aiming for at least -5.35% off the asking price, which is the average vendor discount being achieved at the moment.
Mountain Creek is 144th on a list of best yielding suburbs for rents in QLD with a 5.58% return