Investment property in Proserpine has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.00%
The five-year average increase in median property values for Proserpine,4800 has given property investors a potential capital gain of -14.89% across each of those five years.
Our latest figures would indicate that property sellers in Proserpine are currently offering property investors an average price cut of -11.88% below the asking price at the moment.
Residents and property investors in Proserpine have been waiting around 127.62 days to sell a property.
With the median price for a house in Proserpine being $260000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.00%