Giving property investors a an unimpressive capital gain of 1.47% for the last year, Edmonton, 4869 is the 2691th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Edmonton has increased when compared to the 5 year average annual rate.
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 -5.91% is being offered, which puts this QLD suburb at 1878th most discounted overall in Australia.
The QLD suburb of Edmonton, 4869 is in the Cairns local government area.
With a capital gain of -13.57% for the last 12 months, Edmonton, 4869 has performed for property investments than its average annual 5.95% property growth over the last 5 years.
Over the longer term, Edmonton has seen property prices show investors a 12.14% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Edmonton should be aiming for at least -4.95% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1321 in a list of fastest selling suburbs, Edmonton is in the bottom 20% of suburbs in Australia with an average of days on market 117.92 for properties listed there.
Property investors should expect to get $230 weekly from the median priced house in this suburb.