QLD has seen average median house prices change by 1.98% which means that Edmonton, 4869 has done well for property investors by showing a capital gain of 1.47% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Edmonton comes in at number 498th in QLD.
LACK OF BUYER INTEREST may well be the reason that Edmonton is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 522th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 3.01%, investors should hope to achieve an overall return of 5.50%
If you compare the increase in value of investment property in Edmonton, 4869 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -16.03%.
If we look at median property appreciation over just the last three months, Edmonton has given property investors a paper return of -2.38%. This puts Suburb as 282 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Edmonton, 4869. Typically our figures indicate that -2.92% is being offered, which puts this QLD suburb at 1335th most discounted overall in Australia.
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Edmonton is 12th on a list of best yielding suburbs for rents in QLD with a 7.69% return