Gordonvale has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.30% to date .
The five-year average increase in median property values for Gordonvale,4865 has given property investors a potential capital gain of 17.54% across each of those five years.
Property investors looking for a bargain in Gordonvale should be aiming for at least -7.47% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 7.00 sales per month, which equates to 84 per year.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 2.40%, investors should hope to achieve an overall return of 5.43%