Over the last year, property investments in Clinton, 4680 have given investors a capital gain of -12.51%. This compares very badly with the 2.44% for QLD as a whole.
Clinton,4680 was ranked 2958 in Australia by increase in median property value over the quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in Clinton itself are offering an average vendor discount of -13.72% to real estate investors.
On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.
A $205 per week rent on the median house gives suburb investors a gross yield of circa 3.65%, without taking into account capital value appreciation, which has been averaging out at 0.04%.