Jubilee Pocket has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.94% to date .
Over the longer term, Jubilee Pocket has seen property prices show investors a 6.67% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Jubilee Pocket is giving property investors an average Vendor Discount of around -5.47%. This puts suburb at number 474th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Jubilee Pocket the average time real estate has been on the market is 60.03 days.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
QLD has seen average median house prices change by 0.73% which means that Jubilee Pocket, 4802 has done well for property investors by showing a capital gain of 24.83% over the last year
Jubilee Pocket,4802 has offered an average of 24.83% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Jubilee Pocket is giving property investors an average Vendor Discount of around -8.04%. This puts suburb at number 29th in QLD when ranking the most discounted suburbs.
With the median price for a house in Jubilee Pocket being $181000 and the advertised rent reaching $335 the gross rental yield for property investors calculates out to be 9.62%
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
Information supplied by:
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