Investment property in Queenstown has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.41%
Taking the average capital gain, or increase in median house value, Queenstown,5014 has racked up an average of -6.41% over the period. This ranks it number 2938th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Queenstown 5014 should be seeing an average reduction in asking price of around -7.54% . This means that Queenstown is holding prices well when compared to other suburbs in SA.
The SA suburb of Queenstown, 5014 is in the Port Adelaide Enfield local government area.
Queenstown, 5014 ranked 136th in SA when comparing growth in median property values or capital gain over the last 12 months. Queenstown is one of 853 in our list for SA
Taking the average capital gain, or increase in median house value, Queenstown,5014 has racked up an average of -3.57% over the period. This ranks it number 1381th in the whole country for real estate investors looking at median house price increases.
In the last year 10 properties changed hands in Queenstown, which puts it as the 193th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $267.5 and the average annual increase in value of a median property of 6.31%, investors should hope to achieve an overall return of 5.15%