Yorkeys Knob has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.04% to date .
Property investors looking for a bargain in Yorkeys Knob should be aiming for at least -9.07% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 2.87%, investors should hope to achieve an overall return of 5.20%
Yorkeys Knob is in the bottom 30% in QLD when comparing median price capital growth over the last year. Yorkeys Knob gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.92%.
If we look at median property appreciation over just the last three months, Yorkeys Knob has given property investors a paper return of -0.84%. This puts Suburb as 229 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Yorkeys Knob should be aiming for at least -8.32% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $270 mark per week – giving a return of 6.76% based on the median price in Suburb