If you compare the increase in value of investment property in Kuranda, 4881 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -9.93%.
Taking the average capital gain, or increase in median house value, Kuranda,4881 has racked up an average of -9.93% over the period. This ranks it number 3635th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Kuranda is giving property investors an average Vendor Discount of around -8.51%. This puts suburb at number 213th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 1.03%, investors should hope to achieve an overall return of 5.20%