At number 2097th in the list of Australian suburbs ordered by increase in median house value over the last year, Urangan, 4655 is in the BOTTOM 50% with a property value increase of 4.50% recorded in median house prices.
Across a shorter period, Urangan, 4655 has seen a median price increase of 1.56% over the last quarter.
Property investors looking for a bargain in Urangan should be aiming for at least -6.68% off the asking price, which is the average vendor discount being achieved at the moment.
QLD has seen average median house prices change by 0.98% which means that Urangan, 4655 has done well for property investors by showing a capital gain of -5.56% over the last year
If we look at median property appreciation over just the last three months, Urangan has given property investors a paper return of -0.29%. This puts Suburb as 191 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Urangan is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 38th in terms of most discounted suburbs in QLD
A $315 per week rent on the median house gives suburb investors a gross yield of circa 6.42%, without taking into account capital value appreciation, which has been averaging out at -1.40%.