Property investors who have had real estate in Edmonton, 4869 should be ok 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%
If we look at median property appreciation over just the last three months, Edmonton has given property investors a paper return of 1.45%. This puts Suburb as 287 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Edmonton 4869 should be seeing an average reduction in asking price of around -5.86% . This means that Edmonton is holding prices well when compared to other suburbs in QLD.
At number 2585 in a list of fastest selling suburbs, Edmonton is in the bottom 40% of suburbs in Australia with an average of days on market 99.66 for properties listed there.
Renters in Suburb are facing rents around $4440 per annum or $370 every week.
Investment property in Edmonton has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.48%
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.97% offered to property buyers. Sellers in Edmonton itself are offering an average vendor discount of -2.92% to real estate investors.
Often selling an investment property can take time, and in Edmonton the average time real estate has been on the market is 81 days.