Investment property in Alligator Creek 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 -15.17%
If we look at median property appreciation over just the last three months, Alligator Creek has given property investors a paper return of -8.48%. This puts Suburb as 830 on a list of fastest fasting appreciating suburbs in QLD
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 Alligator Creek, 4816. Typically our figures indicate that -9.33% is being offered, which puts this QLD suburb at 409th most discounted overall in Australia.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 5.37%, without taking into account capital value appreciation, which has been averaging out at 0.34%.