Giving property investors a a poor capital gain of -5.56% for the last year, Home Hill, 4806 is the 3499th highest performer in Australia in this respect.
While Home Hill,4806 ranked number 679th in QLD for increase in median house value (annualised) increase, it is ranked 668th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Home Hill itself are offering an average vendor discount of -17.97% to real estate investors.
In the last year 27 properties changed hands in Home Hill, which puts it as the 615th most active market in QLD when comparing the number of sales per suburb.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 7.65%, without taking into account capital value appreciation, which has been averaging out at 3.09%.