Edge Hill has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.58% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Edge Hill comes in at number 315th in QLD.
Property buyers and investors in Edge Hill 4870 should be seeing an average reduction in asking price of around -4.75% . This means that Edge Hill is holding prices well when compared to other suburbs in QLD.
If you compare the increase in value of investment property in Edge Hill, 4870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -12.14%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Edge Hill has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Edge Hill should be aiming for at least -5.98% off the asking price, which is the average vendor discount being achieved at the moment.
At number 538 in a list of fastest selling suburbs, Edge Hill is in the TOP 40% of suburbs in Australia with an average of days on market 66.43 for properties listed there.
Advertised rents are around the $245 mark per week – giving a return of 7.49% based on the median price in Suburb