Mount Pleasant is in the bottom 20% in QLD when comparing median price capital growth over the last year. Mount Pleasant gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.30%.
If we look at median property appreciation over just the last three months, Mount Pleasant has given property investors a paper return of -2.42%. This puts Suburb as 695 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Mount Pleasant itself are offering an average vendor discount of -11.12% to real estate investors.
A $337.5 per week rent on the median house gives suburb investors a gross yield of circa 5.45%, without taking into account capital value appreciation, which has been averaging out at -2.53%.