At number 3100th in the list of Australian suburbs ordered by increase in median house value over the last year, Meridan Plains, 4551 is in the BOTTOM 30% with a property value increase of -1.13% recorded in median house prices.
Comparing Meridan Plains,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 792th of QLD’s most discounted properties, Meridan Plains is in the TOP 10% of the state/territory when listing in order of most discounted to least.
At number 969th in the list of Australian suburbs ordered by increase in median house value over the last year, Meridan Plains, 4551 is in the BOTTOM 50% with a property value increase of 0.87% recorded in median house prices.
If we look at median property appreciation over just the last three months, Meridan Plains has given property investors a paper return of 1.51%. This puts Suburb as 89 on a list of fastest fasting appreciating suburbs in QLD
Meridan Plains is 187th on a list of best yielding suburbs for rents in QLD with a 5.20% return
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