At number 3593th in the list of Australian suburbs ordered by increase in median house value over the last year, Mooroobool, 4870 is in the BOTTOM 20% with a property value increase of -5.93% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mooroobool has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.55% to buyers in Mooroobool at the moment, which is less than average for the rest of QLD.
Giving property investors a an unimpressive capital gain of -3.15% for the last year, Mooroobool, 4870 is the 1330th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Mooroobool,4870 has racked up an average of -3.15% over the period. This ranks it number 833th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Mooroobool are currently offering property investors an average price cut of -11.57% below the asking price at the moment.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 1.90%, investors should hope to achieve an overall return of 7.28%