Minyama is in the bottom 20% in QLD when comparing median price capital growth over the last year. Minyama gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.95%.
Across a shorter period, Minyama, 4575 has seen a median price increase of 3.28% over the last quarter.
Property investors looking for a bargain in Minyama should be aiming for at least -3.74% off the asking price, which is the average vendor discount being achieved at the moment.
A $580 per week rent on the median house gives suburb investors a gross yield of circa 3.49%, without taking into account capital value appreciation, which has been averaging out at 0.54%.
Investment property in Minyama has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.64%
Minyama,4575 has offered an average of -5.64% return per annum in house price rises to property investors over the last three years.
At number 274th of QLD’s most discounted properties, Minyama is in the TOP 20% of the state/territory when listing in order of most discounted to least.
At number 305 in a list of fastest selling suburbs, Minyama is in the TOP 30% of suburbs in Australia with an average of days on market 54.03 for properties listed there.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.