Property value increases in Peregian Springs have tracked close to the QLD average of 2.29% over the last 12 months.
Taking the average capital gain, or increase in median house value, Peregian Springs,4573 has racked up an average of 4.58% over the period. This ranks it number 2386th in the whole country for real estate investors looking at median house price increases.
Peregian Springs4573 is located in QLD which offers an average discount of -7.14% to property investors. Peregian Springs itself is showing figures that indicate -6.06% is the average achievable by property buyers investing in the suburb.
At number 2687 in a list of fastest selling suburbs, Peregian Springs is in the bottom 30% of suburbs in Australia with an average of days on market 101.08 for properties listed there.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 0.82%, investors should hope to achieve an overall return of 4.96%
Peregian Springs is an average performer in QLD when comparing median price capital growth over the last year. Peregian Springs gave property investors a average capital gain figure when compared to the rest of the state, with 2.70%.
The five-year average increase in median property values for Peregian Springs,4573 has given property investors a potential capital gain of 9.26% across each of those five years.
Our latest figures would indicate that property sellers in Peregian Springs are currently offering property investors an average price cut of -11.13% below the asking price at the moment.
On average over the past year, suburb has had 15.42 sales per month, which equates to 185 per year.
Peregian Springs is 3rd on a list of best yielding suburbs for rents in QLD with a 8.81% return