With a capital gain of -5.88% for the last 12 months, Manunda, 4870 has performed for property investments than its average annual 2.70% property growth over the last 5 years.
The five-year average increase in median property values for Manunda,4870 has given property investors a potential capital gain of 12.28% across each of those five years.
Manunda4870 is located in QLD which offers an average discount of -7.21% to property investors. Manunda itself is showing figures that indicate -9.68% is the average achievable by property buyers investing in the suburb.
Situated 1387.55km from the CBD, Manunda is one of Cairns localities in the postcode 4870.
QLD has seen average median house prices change by 1.47% which means that Manunda, 4870 has done well for property investors by showing a capital gain of -2.74% over the last year
While Manunda,4870 ranked number 324th in QLD for increase in median house value (annualised) increase, it is ranked 292th over the last 5 years.
Property buyers and investors in Manunda 4870 should be seeing an average reduction in asking price of around -6.30% . This means that Manunda is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Manunda the average time real estate has been on the market is 81.08 days.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 0.88%, investors should hope to achieve an overall return of 8.42%