At number 3797th in the list of Australian suburbs ordered by increase in median house value over the last year, Longreach, 4730 is in the BOTTOM 10% with a property value increase of -8.72% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Longreach,4730 has racked up an average of -8.72% over the period. This ranks it number 4088th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Longreach is giving property investors an average Vendor Discount of around -17.58%. This puts suburb at number 10th in QLD when ranking the most discounted suburbs.
In the last year 35 properties changed hands in Longreach, which puts it as the 547th most active market in QLD when comparing the number of sales per suburb.
Longreach is 23th on a list of best yielding suburbs for rents in QLD with a 7.30% return