QLD has seen average median house prices change by 2.06% which means that Parrearra, 4575 has done well for property investors by showing a capital gain of 11.59% over the last year
Across a shorter period, Parrearra, 4575 has seen a median price increase of 4.25% over the last quarter.
Our latest figures would indicate that property sellers in Parrearra are currently offering property investors an average price cut of -4.70% below the asking price at the moment.
Parrearra, 4575’s gross rental yield is 4.28%
Property value increases in Parrearra have tracked higher than the QLD average of 0.98% over the last 12 months.
Parrearra,4575 was ranked 152 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Parrearra, 4575. Typically our figures indicate that -3.64% is being offered, which puts this QLD suburb at 1180th most discounted overall in Australia.