If you compare the increase in value of investment property in Atherton, 4883 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.77%.
Over the longer term, Atherton has seen property prices show investors a -1.25% return over the last 3 years. This is worse than over the last 12 months
Our latest figures would indicate that property sellers in Atherton are currently offering property investors an average price cut of -7.86% below the asking price at the moment.
At number 3468 in a list of fastest selling suburbs, Atherton is in the bottom 10% of suburbs in Australia with an average of days on market 137.04 for properties listed there.
Atherton, 4883’s gross rental yield is 4.94%
Investment property in Atherton has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.65%
The five-year average increase in median property values for Atherton,4883 has given property investors a potential capital gain of -2.49% across each of those five years.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Renters in Suburb are facing rents around $3000 per annum or $250 every week.