Property investors who have had real estate in Edmonton, 4869 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.94%
Across a shorter period, Edmonton, 4869 has seen a median price increase of 0.00% over the last quarter.
Property investors looking for a bargain in Edmonton should be aiming for at least -6.54% off the asking price, which is the average vendor discount being achieved at the moment.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.50%, without taking into account capital value appreciation, which has been averaging out at 1.69%.
If you compare the increase in value of investment property in Edmonton, 4869 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.14%.
If we look at median property appreciation over just the last three months, Edmonton has given property investors a paper return of 0.57%. This puts Suburb as 145 on a list of fastest fasting appreciating suburbs in QLD
At number 295th of QLD’s most discounted properties, Edmonton is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Edmonton is 19th on a list of best yielding suburbs for rents in QLD with a 7.09% return