Property investors who have had real estate in Kamerunga, 4870 should be pleased 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 12.21%
Vendor discounting in Kamerunga is giving property investors an average Vendor Discount of around -5.09%. This puts suburb at number 622th in QLD when ranking the most discounted suburbs.
Residents and property investors in Kamerunga have been waiting around 59.16 days to sell a property.
If you compare the increase in value of investment property in Kamerunga, 4870 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 21.58%.
While Kamerunga,4870 ranked number 3rd in QLD for increase in median house value (annualised) increase, it is ranked 302th over the last 5 years.
Kamerunga, 4870 is offering QLD ‘s 88th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
A $415 per week rent on the median house gives suburb investors a gross yield of circa 6.69%, without taking into account capital value appreciation, which has been averaging out at 10.47%.