Investment property in Alice River has done pretty 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 0.10%
If we look at median property appreciation over just the last three months, Alice River has given property investors a paper return of 11.41%. This puts Suburb as 21 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Alice River are currently offering property investors an average price cut of -8.48% below the asking price at the moment.
In the last year 26 properties changed hands in Alice River, which puts it as the 621th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Alice River, 4817 is in the Townsville local government area.