Property investors who have had real estate in Nundah, 4012 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nundah has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -6.46% to buyers in Nundah at the moment, which is less than average for the rest of QLD.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
Property value increases in Nundah have tracked just lower than the QLD average of 8.71% over the last 12 months.
Taking the average capital gain, or increase in median house value, Nundah,4012 has racked up an average of 1.27% over the period. This ranks it number 1243th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Nundah 4012 should be seeing an average reduction in asking price of around -3.91% . This means that Nundah is holding prices well when compared to other suburbs in QLD.
At number 381 in a list of fastest selling suburbs, Nundah is in the TOP 30% of suburbs in Australia with an average of days on market 48.0044 for properties listed there.
Advertised rents are around the $380 mark per week – giving a return of 5.20% based on the median price in Suburb