Over the last year, property investments in Monto, 4630 have given investors a capital gain of -14.47%. This compares very badly with the 2.38% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Monto,4630 has racked up an average of -14.47% over the period. This ranks it number 1352th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Monto should be aiming for at least -13.66% off the asking price, which is the average vendor discount being achieved at the moment.
A $200 per week rent on the median house gives suburb investors a gross yield of circa 8.00%, without taking into account capital value appreciation, which has been averaging out at 1.58%.