QLD has seen average median house prices change by 2.06% which means that Marcoola, 4564 has done well for property investors by showing a capital gain of 16.39% over the last year
Marcoola,4564 was ranked 1740 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Marcoola is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 594th in terms of most discounted suburbs in QLD
Situated 97.79km from the CBD, Marcoola is one of Sunshine Coast localities in the postcode 4564.
Marcoola has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.65% to date .
A -2.99% growth in median value for property investors in Marcoola,4564 puts this suburb at number 115th in terms of best performing suburbs in QLD
Vendor discounting in Marcoola is giving property investors an average Vendor Discount of around -5.79%. This puts suburb at number 156th in QLD when ranking the most discounted suburbs.
At number 1233 in a list of fastest selling suburbs, Marcoola is in the bottom 20% of suburbs in Australia with an average of days on market 109.57 for properties listed there.
With the median price for a house in Marcoola being $308000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 6.75%