Property investors who have had real estate in Cedar Vale, 4285 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.17%
While Cedar Vale,4285 ranked number 429th in QLD for increase in median house value (annualised) increase, it is ranked 506th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.60% offered to property buyers. Sellers in Cedar Vale itself are offering an average vendor discount of -5.14% to real estate investors.
Renters in Suburb are facing rents around $26000 per annum or $500 every week.
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 inFull summary
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.Close