QLD has seen average median house prices change by 2.22% which means that Avenell Heights, 4670 has done well for property investors by showing a capital gain of 2.46% over the last year
Avenell Heights,4670 was ranked 2856 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Avenell Heights is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 408th in terms of most discounted suburbs in QLD
With the median price for a house in Avenell Heights being $281250 and the advertised rent reaching $287.5 the gross rental yield for property investors calculates out to be 5.32%
If you compare the increase in value of investment property in Avenell Heights, 4670 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.22%.
Taking the average capital gain, or increase in median house value, Avenell Heights,4670 has racked up an average of -2.22% over the period. This ranks it number 1077th in the whole country for real estate investors looking at median house price increases.
At number 59th of QLD’s most discounted properties, Avenell Heights is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Avenell Heights have been waiting around 146.93 days to sell a property.