Investment property in Park Avenue has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.87%
Taking the average capital gain, or increase in median house value, Park Avenue,4701 has racked up an average of -9.87% over the period. This ranks it number 4053th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Park Avenue should be aiming for at least -9.62% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 45 properties changed hands in Park Avenue, which puts it as the 478th most active market in QLD when comparing the number of sales per suburb.
Park Avenue is 36th on a list of best yielding suburbs for rents in QLD with a 6.69% return