QLD has seen average median house prices change by 2.39% which means that Oonoonba, 4811 has done well for property investors by showing a capital gain of 40.53% over the last year
While Oonoonba,4811 ranked number 3rd in QLD for increase in median house value (annualised) increase, it is ranked 447th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Oonoonba, 4811. Typically our figures indicate that -14.08% is being offered, which puts this QLD suburb at 84th most discounted overall in Australia.
In the last year 19 properties changed hands in Oonoonba, which puts it as the 715th most active market in QLD when comparing the number of sales per suburb.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 3.15%.
Investment property in Oonoonba has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -35.22%
Oonoonba,4811 was ranked 1715 in Australia by increase in median property value over the quarter.