With a capital gain of 7.62% for the last 12 months, Peregian Springs, 4573 has performed for property investments than its average annual 2.21% property growth over the last 5 years.
Across a shorter period, Peregian Springs, 4573 has seen a median price increase of 2.08% 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 -6.56% below the asking price at the moment.
Peregian Springs is 496th on a list of best yielding suburbs for rents in QLD with a 4.60% return
QLD has seen average median house prices change by 1.67% which means that Peregian Springs, 4573 has done well for property investors by showing a capital gain of 2.01% over the last year
Over the longer term, Peregian Springs has seen property prices show investors a -7.71% return over the last 3 years. This is an improvement over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Peregian Springs itself are offering an average vendor discount of -4.28% to real estate investors.
On average over the past year, suburb has had 15.58 sales per month, which equates to 187 per year.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.