Over the last year, property investments in New Auckland, 4680 have given investors a capital gain of -6.39%. This compares very badly with the 2.44% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in New Auckland has fallen somewhat when compared to the 5 year average annual rate.
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 New Auckland, 4680. Typically our figures indicate that -9.62% is being offered, which puts this QLD suburb at 358th most discounted overall in Australia.
New Auckland, 4680’s gross rental yield is 3.09%