With a capital gain of 0.12% for the last 12 months, Cannonvale, 4802 has performed for property investments than its average annual -0.72% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Cannonvale comes in at number 717th in QLD.
At number 172th of QLD’s most discounted properties, Cannonvale is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Cannonvale, 4802’s gross rental yield is 4.75%
Cannonvale has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -5.89% to date .
While Cannonvale,4802 ranked number 152th in QLD for increase in median house value (annualised) increase, it is ranked 270th over the last 5 years.
At number 62th of QLD’s most discounted properties, Cannonvale is in the bottom 20% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of -2.51%, investors should hope to achieve an overall return of 6.09%