Investment property in Minyama has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 28.60%
While Minyama,4575 ranked number 147th in QLD for increase in median house value (annualised) increase, it is ranked 516th over the last 5 years.
The most recent median price for Minyama is $950000, with sellers offering an average of -3.50% off the asking price.
Minyama is 685th on a list of best yielding suburbs for rents in QLD with a 3.45% return
If you compare the increase in value of investment property in Minyama, 4575 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.31%.
The five-year average increase in median property values for Minyama,4575 has given property investors a potential capital gain of 9.84% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Minyama itself are offering an average vendor discount of -4.87% to real estate investors.
With the median price for a house in Minyama being $318000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 5.89%