Property investors who have had real estate in Jubilee Pocket, 4802 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.45%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Jubilee Pocket has fallen somewhat when compared to the 5 year average annual rate.
Jubilee Pocket4802 is located in QLD which offers an average discount of -7.32% to property investors. Jubilee Pocket itself is showing figures that indicate -13.85% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.
Jubilee Pocket, 4802’s gross rental yield is 5.39%
If you compare the increase in value of investment property in Jubilee Pocket, 4802 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -9.09%.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of -3.59%, investors should hope to achieve an overall return of 10.05%