With a capital gain of 0.85% for the last 12 months, Gordonvale, 4865 has performed for property investments than its average annual 1.95% property growth over the last 5 years.
Over the longer term, Gordonvale has seen property prices show investors a -1.28% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Gordonvale is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 284th in terms of most discounted suburbs in QLD
In the last year 100 properties changed hands in Gordonvale, which puts it as the 237th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Gordonvale being $327750 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 5.63%