Investment property in Point Vernon has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.61%
Over the longer term, Point Vernon has seen property prices show investors a -0.97% return over the last 3 years. This is worse than over the last 12 months
Point Vernon4655 is located in QLD which offers an average discount of -7.31% to property investors. Point Vernon itself is showing figures that indicate -5.86% is the average achievable by property buyers investing in the suburb.
In the last year 142 properties changed hands in Point Vernon, which puts it as the 128th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Point Vernon being $305000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.63%