Property value increases in Gordonvale have tracked just lower than the QLD average of 2.40% over the last 12 months.
If we look at median property appreciation over just the last three months, Gordonvale has given property investors a paper return of -4.48%. This puts Suburb as 764 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Gordonvale itself are offering an average vendor discount of -7.23% to real estate investors.
With the median price for a house in Gordonvale being $320000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 5.53%