DSR Score for property investment :
POOR (H), BELOW AVERAGE (U)
House Investment Report
Property investors who have had real estate in Peregian Springs, 4573 should be relatively pleased 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 3.77%
Across a shorter period, Peregian Springs, 4573 has seen a median price increase of 0.97% over the last quarter.
Our latest figures would indicate that property sellers in Peregian Springs are currently offering property investors an average price cut of -17.40% below the asking price at the moment.
Often selling an investment property can take time, and in Peregian Springs the average time real estate has been on the market is 109.08 days.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 7.89%.
Unit Investment Report
Property value increases in Peregian Springs have tracked lower than the QLD average of -2.92% over the last 12 months.
A -40.74% growth in median value for property investors in Peregian Springs,4573 puts this suburb at number 293th in terms of best performing suburbs in QLD
Property buyers and investors in Peregian Springs 4573 should be seeing an average reduction in asking price of around -12.00% . This means that Peregian Springs is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $460 mark per week – giving a return of 7.47% based on the median price in Suburb