QLD has seen average median house prices change by 2.11% which means that Birtinya, 4575 has done well for property investors by showing a capital gain of 1.85% over the last year
Birtinya,4575 was ranked 3206 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Birtinya is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 657th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.
Advertised rents are around the $550 mark per week – giving a return of 4.77% based on the median price in Suburb
Giving property investors a a solid capital gain of 18.83% for the last year, Birtinya, 4575 is the 107th highest performer in Australia in this respect.
Birtinya,4575 was ranked 115 in Australia by increase in median property value over the quarter.
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 1.31%, investors should hope to achieve an overall return of 3.70%