If you compare the increase in value of investment property in The Range, 4700 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 -3.56%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in The Range has increased when compared to the 5 year average annual rate.
Vendor discounting in The Range is giving property investors an average Vendor Discount of around -13.27%. This puts suburb at number 51th in QLD when ranking the most discounted suburbs.
At number 3256 in a list of fastest selling suburbs, The Range is in the bottom 20% of suburbs in Australia with an average of days on market 123.94 for properties listed there.
The Range, 4700’s gross rental yield is 4.58%