Investment property in Marcoola has done 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 -4.52%
While Marcoola,4564 ranked number 721th in QLD for increase in median house value (annualised) increase, it is ranked 228th over the last 5 years.
Property buyers and investors in Marcoola 4564 should be seeing an average reduction in asking price of around -4.12% . This means that Marcoola is holding prices well when compared to other suburbs in QLD.
In the last year 39 properties changed hands in Marcoola, which puts it as the 530th most active market in QLD when comparing the number of sales per suburb.
Marcoola, 4564’s gross rental yield is 4.55%
Giving property investors a a solid capital gain of 22.15% for the last year, Marcoola, 4564 is the 139th highest performer in Australia in this respect.
Comparing Marcoola,4564 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Marcoola is offering property investors an average of -5.93. This rate of discount on properties puts Suburb at number 159th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 1.49%, investors should hope to achieve an overall return of 5.69%