Investment property in Suburb has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 21.60%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cloncurry has increased when compared to the 5 year average annual rate.
Cloncurry, 4824 is offering QLD ‘s 82th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 14.21%, investors should hope to achieve an overall return of 7.70%