QLD has seen average median house prices change by 3.13% which means that Peregian Springs, 4573 has done well for property investors by showing a capital gain of -3.21% over the last year
While Peregian Springs,4573 ranked number 636th in QLD for increase in median house value (annualised) increase, it is ranked 301th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Peregian Springs is offering property investors an average of -7.15. This rate of discount on properties puts Suburb at number 472th in terms of most discounted suburbs in QLD
With the median price for a house in Peregian Springs being $550000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 5.20%
Peregian Springs is in the TOP 20% in QLD when comparing median price capital growth over the last year. Peregian Springs gave property investors a very good capital gain figure when compared to the rest of the state, with 12.90%.
While Peregian Springs,4573 ranked number 18th in QLD for increase in median house value (annualised) increase, it is ranked 275th over the last 5 years.
Peregian Springs, 4573 is offering QLD ‘s 187th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 8.82%, without taking into account capital value appreciation, which has been averaging out at -0.40%.