Property investors who have had real estate in Cedar Vale, 4285 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.00%
A 15.12% growth in median value for property investors in Cedar Vale,4285 puts this suburb at number 560th in terms of best performing suburbs in QLD
Vendor discounting in Cedar Vale is giving property investors an average Vendor Discount of around -4.94%. This puts suburb at number 603th in QLD when ranking the most discounted suburbs.
In the last year 55 properties changed hands in Cedar Vale, which puts it as the 394th most active market in QLD when comparing the number of sales per suburb.
Situated 45.57km from the CBD, Cedar Vale is one of Logan (C) localities in the postcode 4285.
Information supplied by:
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.