At number 552th in the list of Australian suburbs ordered by increase in median house value over the last year, Stieglitz, 7216 is in the top 20% with a property value increase of 16.16% recorded in median house prices.
Comparing Stieglitz,7216 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in Stieglitz should be aiming for at least -11.39% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Stieglitz the average time real estate has been on the market is 176.16 days.
A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.43%, without taking into account capital value appreciation, which has been averaging out at 5.59%.