With a capital gain of 2.21% for the last 12 months, Edmonton, 4869 has performed for property investments than its average annual 2.45% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Edmonton,4869 has racked up an average of 2.21% over the period. This ranks it number 2593th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Edmonton 4869 should be seeing an average reduction in asking price of around -5.68% . This means that Edmonton is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 2.45%, investors should hope to achieve an overall return of 5.54%
Giving property investors a an average capital gain of 4.14% for the last year, Edmonton, 4869 is the 758th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Edmonton,4869 has racked up an average of 4.14% over the period. This ranks it number 688th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Edmonton is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 287th in terms of most discounted suburbs in QLD
A $230 per week rent on the median house gives suburb investors a gross yield of circa 6.80%, without taking into account capital value appreciation, which has been averaging out at 3.22%.