Kuranda is in the bottom 20% in QLD when comparing median price capital growth over the last year. Kuranda gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.44%.
Kuranda,4881 has offered an average of -7.44% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Kuranda are currently offering property investors an average price cut of -7.76% below the asking price at the moment.
With the median price for a house in Kuranda being $398000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 5.23%