Over the last year, property investments in New Auckland, 4680 have given investors a capital gain of -8.30%. This compares very badly with the 2.41% for QLD as a whole.
Comparing New Auckland,4680 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in New Auckland should be aiming for at least -9.79% off the asking price, which is the average vendor discount being achieved at the moment.
New Auckland, 4680’s gross rental yield is 3.09%