If you compare the increase in value of investment property in New Auckland, 4680 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -8.18%.
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 -11.56% is being offered, which puts this QLD suburb at 215th most discounted overall in Australia.
Renters in Suburb are facing rents around $3000 per annum or $250 every week.