Avenell Heights is in the bottom 20% in QLD when comparing median price capital growth over the last year. Avenell Heights gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.20%.
Taking the average capital gain, or increase in median house value, Avenell Heights,4670 has racked up an average of -9.20% over the period. This ranks it number 3884th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Avenell Heights is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 471th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Avenell Heights the average time real estate has been on the market is 70.43 days.
Property investors should expect to get $290 weekly from the median priced house in this suburb.
Property value increases in Avenell Heights have tracked close to the QLD average of 0.65% over the last 12 months.
Across a shorter period, Avenell Heights, 4670 has seen a median price increase of -0.72% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Avenell Heights, 4670. Typically our figures indicate that -7.34% is being offered, which puts this QLD suburb at 242th most discounted overall in Australia.
In the last year 20 properties changed hands in Avenell Heights, which puts it as the 297th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 0.96%, investors should hope to achieve an overall return of 5.58%