Property value increases in Proserpine have tracked higher than the QLD average of 1.88% over the last 12 months.
If we look at median property appreciation over just the last three months, Proserpine has given property investors a paper return of 8.57%. This puts Suburb as 36 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Proserpine is $285000, with sellers offering an average of -12.19% off the asking price.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 1.30%, investors should hope to achieve an overall return of 5.47%