With a capital gain of -5.26% for the last 12 months, Quarry Hill, 3550 has performed for property investments than its average annual 4.57% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Quarry Hill has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Quarry Hill should be aiming for at least -6.97% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.
With the median price for a house in Quarry Hill being $360000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.33%