Nanango has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.90% to date .
Nanango,4615 was ranked 3924 in Australia by increase in median property value over the quarter.
Vendor discounting in Nanango is giving property investors an average Vendor Discount of around -10.75%. This puts suburb at number 84th in QLD when ranking the most discounted suburbs.
In the last year 60 properties changed hands in Nanango, which puts it as the 394th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Nanango being $200000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 6.50%