At number 1123th in the list of Australian suburbs ordered by increase in median house value over the last year, Marcoola, 4564 is in the top 30% with a property value increase of 10.06% recorded in median house prices.
While Marcoola,4564 ranked number 769th in QLD for increase in median house value (annualised) increase, it is ranked 78th over the last 5 years.
The most recent median price for Marcoola is $580000, with sellers offering an average of -5.67% off the asking price.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
With a capital gain of -1.44% for the last 12 months, Marcoola, 4564 has performed for property investments than its average annual -0.92% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Marcoola has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Marcoola is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 164th in terms of most discounted suburbs in QLD
Residents and property investors in Marcoola have been waiting around 110.84 days to sell a property.