Property investors who have had real estate in Atherton, 4883 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
A 10.17% growth in median value for property investors in Atherton,4883 puts this suburb at number 288th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -7.61% to buyers in Atherton at the moment, which is less than average for the rest of QLD.
Often selling an investment property can take time, and in Atherton the average time real estate has been on the market is 143.32 days.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.96%, without taking into account capital value appreciation, which has been averaging out at 1.65%.
Atherton has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.45% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Atherton has fallen somewhat when compared to the 5 year average annual rate.