Giving property investors a an average capital gain of 7.50% for the last year, Meridan Plains, 4551 is the 2032th highest performer in Australia in this respect.
A 22.86% growth in median value for property investors in Meridan Plains,4551 puts this suburb at number 678th in terms of best performing suburbs in QLD
In the last year 70 properties changed hands in Meridan Plains, which puts it as the 345th most active market in QLD when comparing the number of sales per suburb.
Property value increases in Meridan Plains have tracked just lower than the QLD average of -0.09% over the last 12 months.
In the last year 39 properties changed hands in Meridan Plains, which puts it as the 213th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4800 per annum or $400 every week.
House values almost hit $530,000 over the April 2017 quarter, with over 6% growth reported during this period.Full summary
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Sun shines on houses in Sunshine Coast suburb
Median house price: $529,500
Three-year growth: 16.37%
Rental yield: 4.42%
Situated along the Sunshine Coast, the suburb of Meridan Plains is riding the wave of demand being experienced throughout the region as a result of infrastructure development.
House values almost hit $530,000 over the April 2017 quarter with over 6% growth reported during this period. Nonetheless, these properties continue to sell at low discount rates that average just 3.7% while offering a strong average yield of 4.4%, drawing investors who wish to capitalise on the Sunshine Coast’s popularity.
Part of Meridan Plains lies within the Caloundra urban centre, which is only 8km away. Residents are served by many local schools, including the Caloundra campus of the Sunshine Coast Institute of TAFE, a hospital, shopping centres and various parks. Buses make daily runs along the coast.Close