With a capital gain of 10.69% for the last 12 months, Parrearra, 4575 has performed for property investments than its average annual 4.02% property growth over the last 5 years.
Parrearra,4575 has offered an average of 10.69% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Parrearra 4575 should be seeing an average reduction in asking price of around -4.50% . This means that Parrearra is holding prices well when compared to other suburbs in QLD.
At number 1642 in a list of fastest selling suburbs, Parrearra is just in the top half of suburbs in Australia with an average of days on market 75.47 for properties listed there.
Renters in Suburb are facing rents around $6480 per annum or $540 every week.
Parrearra is in the TOP 20% in QLD when comparing median price capital growth over the last year. Parrearra gave property investors a very good capital gain figure when compared to the rest of the state, with 10.92%.
Comparing Parrearra,4575 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Parrearra is $482500, with sellers offering an average of -3.38% off the asking price.
Renters in Suburb are facing rents around $5280 per annum or $440 every week.