Property investors who have had real estate in Nambour, 4560 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.07%
Nambour,4560 was ranked 2251 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Nambour are currently offering property investors an average price cut of -5.53% below the asking price at the moment.
In the last year 225 properties changed hands in Nambour, which puts it as the 39th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Nambour, 4560 is in the Sunshine Coast local government area.
Property value increases in Nambour have tracked just lower than the QLD average of 0.29% over the last 12 months.
Across a shorter period, Nambour, 4560 has seen a median price increase of -0.90% over the last quarter.
Vendor discounting in Nambour is giving property investors an average Vendor Discount of around -6.54%. This puts suburb at number 92th in QLD when ranking the most discounted suburbs.
A $307.5 per week rent on the median house gives suburb investors a gross yield of circa 5.80%, without taking into account capital value appreciation, which has been averaging out at 2.56%.