If you compare the increase in value of investment property in Mount Pleasant, 4740 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -10.79%.
Taking the average capital gain, or increase in median house value, Mount Pleasant,4740 has racked up an average of -10.79% over the period. This ranks it number 4029th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Mount Pleasant should be aiming for at least -10.30% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of -2.04%, investors should hope to achieve an overall return of 5.22%