If you compare the increase in value of investment property in Maroochydore, 4558 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 8.57%.
Maroochydore,4558 has offered an average of 8.57% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Maroochydore itself are offering an average vendor discount of -4.26% to real estate investors.
In the last year 183 properties changed hands in Maroochydore, which puts it as the 75th most active market in QLD when comparing the number of sales per suburb.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.11%, without taking into account capital value appreciation, which has been averaging out at 4.02%.
Property value increases in Maroochydore have tracked higher than the QLD average of 0.65% over the last 12 months.
Across a shorter period, Maroochydore, 4558 has seen a median price increase of 2.17% over the last quarter.
At number 179th of QLD’s most discounted properties, Maroochydore is in the middle of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 39.50 sales per month, which equates to 474 per year.