If you compare the increase in value of investment property in Mooroobool, 4870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -8.82%.
Taking the average capital gain, or increase in median house value, Mooroobool,4870 has racked up an average of -8.82% over the period. This ranks it number 2804th 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 -7.24% below the asking price at the moment.
Often selling an investment property can take time, and in Mooroobool the average time real estate has been on the market is 91.18 days.
The QLD suburb of Mooroobool, 4870 is in the Cairns local government area.
Property investors who have had real estate in Mooroobool, 4870 should be ok 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 3.76%
Across a shorter period, Mooroobool, 4870 has seen a median price increase of 3.50% over the last quarter.
Our latest figures would indicate that property sellers in Mooroobool are currently offering property investors an average price cut of -11.29% below the asking price at the moment.
In the last year 39 properties changed hands in Mooroobool, which puts it as the 197th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3300 per annum or $275 every week.