Property value increases in Andergrove have tracked just lower than the QLD average of 2.11% over the last 12 months.
Over the longer term, Andergrove has seen property prices show investors a -26.10% return over the last 3 years. This is an improvement over the last 12 months
Sellers are offering property buyers an average discount of -13.47% to buyers in Andergrove at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 8.25 sales per month, which equates to 99 per year.
With the median price for a house in Andergrove being $310000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.03%