Giving property investors a an unimpressive capital gain of 2.59% for the last year, Parrearra, 4575 is the 2538th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Parrearra,4575 has racked up an average of 2.59% over the period. This ranks it number 2370th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Parrearra is giving property investors an average Vendor Discount of around -3.34%. This puts suburb at number 802th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 2.52%, investors should hope to achieve an overall return of 4.54%
Parrearra, 4575 ranked 105th in QLD when comparing growth in median property values or capital gain over the last 12 months. Parrearra is one of 2415 in our list for QLD
A -16.67% growth in median value for property investors in Parrearra,4575 puts this suburb at number 97th in terms of best performing suburbs in QLD
Property buyers and investors in Parrearra 4575 should be seeing an average reduction in asking price of around -3.75% . This means that Parrearra is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Parrearra being $450000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 5.08%