If you compare the increase in value of investment property in Zilzie, 4710 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.76%.
Taking the average capital gain, or increase in median house value, Zilzie,4710 has racked up an average of 0.76% over the period. This ranks it number 3472th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Zilzie is $330000, with sellers offering an average of -9.81% off the asking price.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.04%, without taking into account capital value appreciation, which has been averaging out at -1.70%.
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Zilzie, QLD – A picturesque coastal strip
Median house price: $331,500
Three-year growth: -11.0%
Rental yield: 5.0%
Running along the Capricorn Coast of Queensland, Zilzie is a suburb set for potential growth due to an increase in new developments and tourism. It offers sweeping coastal views and is located 47km from the central Queensland city of Rockhampton.
The many beaches in the area make it an ideal place for families who desire an active coastal lifestyle. A number of schools are within easy reach, and there are plenty of outdoor activities to enjoy, such as walking trails, watersports and fishing.
There are medical facilities and a handful of supermarkets in the area, and further shopping can be done in the surrounding suburbs, while more significant shopping facilities are available in Rockhampton.