Kamerunga is in the bottom 10% in QLD when comparing median price capital growth over the last year. Kamerunga gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.76%.
Property investors should expect to get $435 weekly from the median priced house in this suburb.
Over the last year, property investments in Kamerunga, 4870 have given investors a capital gain of -28.88%. This compares very badly with the 0.74% for QLD as a whole.
If we look at median property appreciation over just the last three months, Kamerunga has given property investors a paper return of -11.63%. This puts Suburb as 354 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Kamerunga is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 212th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Kamerunga the average time real estate has been on the market is 98.16 days.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 6.26%, without taking into account capital value appreciation, which has been averaging out at -3.79%.