Koongal is in the bottom 40% in QLD when comparing median price capital growth over the last year. Koongal gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.75%.
Over the longer term, Koongal has seen property prices show investors a -10.85% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Koongal should be aiming for at least -11.73% off the asking price, which is the average vendor discount being achieved at the moment.
Koongal, 4701’s gross rental yield is 5.67%