Property value increases in Atherton have tracked close to the QLD average of 2.06% over the last 12 months.
The five-year average increase in median property values for Atherton,4883 has given property investors a potential capital gain of 3.23% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Atherton itself are offering an average vendor discount of -7.92% to real estate investors.
Residents and property investors in Atherton have been waiting around 133.05 days to sell a property.
Atherton is 314th on a list of best yielding suburbs for rents in QLD with a 4.88% return
With a capital gain of 5.65% for the last 12 months, Atherton, 4883 has performed for property investments than its average annual 0.89% property growth over the last 5 years.
Atherton,4883 was ranked 1541 in Australia by increase in median property value over the quarter.
With the median price for a house in Atherton being $215000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 6.05%