Investment property in Mudjimba has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.62%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mudjimba has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -3.05% to buyers in Mudjimba at the moment, which is less than average for the rest of QLD.
Advertised rents are around the $490 mark per week – giving a return of 4.08% based on the median price in Suburb
Over the last year, property investments in Mudjimba, 4564 have given investors a capital gain of 3.61%. This compares favourably with the 1.47% for QLD as a whole.
Mudjimba,4564 was ranked 1465 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Mudjimba is offering property investors an average of -5.70. This rate of discount on properties puts Suburb at number 306th in terms of most discounted suburbs in QLD