Over the last year, property investments in Nundah, 4012 have given investors a capital gain of -5.12%. This compares very badly with the 1.35% for QLD as a whole.
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.
LACK OF BUYER INTEREST may well be the reason that Nundah is offering property investors an average of -6.95. This rate of discount on properties puts Suburb at number 83th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 8.00 sales per month, which equates to 96 per year.
With the median price for a house in Nundah being $695000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 3.55%
Nundah, 4012 ranked 146th in QLD when comparing growth in median property values or capital gain over the last 12 months. Nundah is one of 2415 in our list for QLD
Over the longer term, Nundah has seen property prices show investors a -12.61% return over the last 3 years. This is an improvement over the last 12 months
Nundah4012 is located in QLD which offers an average discount of -6.32% to property investors. Nundah itself is showing figures that indicate -5.84% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $380 weekly from the median priced house in this suburb.