QLD has seen average median house prices change by 0.78% which means that Nundah, 4012 has done well for property investors by showing a capital gain of -2.85% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Nundah comes in at number 586th in QLD.
Nundah4012 is located in QLD which offers an average discount of -7.01% to property investors. Nundah itself is showing figures that indicate -7.02% is the average achievable by property buyers investing in the suburb.
In the last year 96 properties changed hands in Nundah, which puts it as the 206th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Nundah being $706750 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.46%
Nundah is in the bottom 30% in QLD when comparing median price capital growth over the last year. Nundah gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.81%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nundah has fallen somewhat when compared to the 5 year average annual rate.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.43% offered to property buyers. Sellers in Nundah itself are offering an average vendor discount of -5.52% to real estate investors.
With the median price for a house in Nundah being $366500 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.39%