Jubilee Pocket, 4802 ranked 294th in QLD when comparing growth in median property values or capital gain over the last 12 months. Jubilee Pocket is one of 2415 in our list for QLD
Jubilee Pocket,4802 was ranked 2688 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Jubilee Pocket are currently offering property investors an average price cut of -5.51% below the asking price at the moment.
Jubilee Pocket is 102th on a list of best yielding suburbs for rents in QLD with a 5.77% return
Property value increases in Jubilee Pocket have tracked higher than the QLD average of 0.74% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Jubilee Pocket has fallen somewhat when compared to the 5 year average annual rate.
Property investors looking for a bargain in Jubilee Pocket should be aiming for at least -7.69% off the asking price, which is the average vendor discount being achieved at the moment.
One of the Sunshine State’s highest-yield suburbs (9% return for investors), Jubilee Pocket reported a stunning turnaround in its unit market’s status following several years of downturnFull summary
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Tides turn in the sunshine state
Median unit price: $180,000
Three-year growth: -5.3%
Rental yield: 9.8%
One of the Sunshine State’s highest-yield suburbs (9% return for investors), Jubilee Pocket reported a stunning turnaround in its unit market’s status following several years of downturn.
Apartment prices shot up by 27% in the 12 months to April 2018, bringing the median value to $180,000. This affordability could have been a major factor in catching the attention of buyers. Jubilee Pocket is also near the tourist spot of Airlie Beach, which attracts a lot of holidaymakers.
Jubilee Pocket inspires a comfortable country lifestyle. Residents enjoy the suburb’s relaxed atmosphere and closeness to nature, being nestled in the Whitsunday hills. It maintains a warm climate throughout the year, making it especially popular with tourists during winter, and is home to a rainforest. Popular recreational hobbies include nature walks, jet-skiing and other water-based activities.Close