Giving property investors a an average capital gain of 4.28% for the last year, Maryborough, 4650 is the 2149th highest performer in Australia in this respect.
While Maryborough,4650 ranked number 109th in QLD for increase in median house value (annualised) increase, it is ranked 634th over the last 5 years.
Property investors looking for a bargain in Maryborough should be aiming for at least -9.57% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Maryborough the average time real estate has been on the market is 119.17 days.
Property investors who have had real estate in Maryborough, 4650 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -11.14%
While Maryborough,4650 ranked number 59th in QLD for increase in median house value (annualised) increase, it is ranked 291th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Maryborough itself are offering an average vendor discount of -16.52% to real estate investors.
A $245 per week rent on the median house gives suburb investors a gross yield of circa 7.18%, without taking into account capital value appreciation, which has been averaging out at 2.09%.