Urangan is an average performer in QLD when comparing median price capital growth over the last year. Urangan gave property investors a average capital gain figure when compared to the rest of the state, with 1.99%.
Urangan,4655 was ranked 2416 in Australia by increase in median property value over the quarter.
Property buyers and investors in Urangan 4655 should be seeing an average reduction in asking price of around -7.02% . This means that Urangan is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Urangan being $320000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.20%
Over the last year, property investments in Urangan, 4655 have given investors a capital gain of -3.77%. This compares badly with the 1.70% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Urangan,4655 has racked up an average of -3.77% over the period. This ranks it number 1560th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Urangan should be aiming for at least -8.38% 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 Urangan the average time real estate has been on the market is 118.03 days.