With a capital gain of 0.71% for the last 12 months, Cedar Vale, 4285 has performed for property investments than its average annual 1.77% property growth over the last 5 years.
The five-year average increase in median property values for Cedar Vale,4285 has given property investors a potential capital gain of 11.52% across each of those five years.
Property investors looking for a bargain in Cedar Vale should be aiming for at least -5.07% off the asking price, which is the average vendor discount being achieved at the moment.
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Logan suburb maintains growth
Median house price: $497,000
Three-year growth: 10.4%
Rental yield: 5.5%
A suburb that became part of the city of Logan a decade ago, Cedar Vale is looking to see quite a bit of growth coming in.
The suburb has maintained a strong streak of price increases since July 2013. The July 2017-2018 period alone generated 7.5% growth, and values went up by a further 5% in the three months to July 2018 to hit a median of $497,500.
The suburb is around 15 minutes away from the Logan CBD. It is popular with families because it is surrounded by many schools in the neighbouring suburbs, including Veresdale Scrub State School and Woodhill State School to the west and Jimboomba State School and Emmaus College to the north. There are also several parks in the suburb which are secure, making them ideal as children’s play areas.