Giving property investors a an unimpressive capital gain of -1.54% for the last year, Edge Hill, 4870 is the 3099th 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 Edge Hill has increased when compared to the 5 year average annual rate.
Edge Hill, 4870 is offering QLD ‘s 677th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this QLD.
The QLD suburb of Edge Hill, 4870 is in the Cairns local government area.
At number 1506th in the list of Australian suburbs ordered by increase in median house value over the last year, Edge Hill, 4870 is in the BOTTOM 20% with a property value increase of -7.50% recorded in median house prices.
The five-year average increase in median property values for Edge Hill,4870 has given property investors a potential capital gain of -9.76% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.70% offered to property buyers. Sellers in Edge Hill itself are offering an average vendor discount of -5.54% to real estate investors.
In the last year 37 properties changed hands in Edge Hill, which puts it as the 210th most active market in QLD when comparing the number of sales per suburb.