If you compare the increase in value of investment property in Hyde Park, 4812 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.43%.
Across a shorter period, Hyde Park, 4812 has seen a median price increase of -5.82% over the last quarter.
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 Hyde Park itself are offering an average vendor discount of -9.53% to real estate investors.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.
A $327.5 per week rent on the median house gives suburb investors a gross yield of circa 4.58%, without taking into account capital value appreciation, which has been averaging out at 2.89%.