At number 2651th in the list of Australian suburbs ordered by increase in median house value over the last year, Nundah, 4012 is in the BOTTOM 40% with a property value increase of -1.13% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Nundah,4012 has racked up an average of -1.13% over the period. This ranks it number 2901th 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 -6.63% . This means that Nundah is holding prices well when compared to other suburbs in QLD.
A $465 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 2.34%.
QLD has seen average median house prices change by -0.18% which means that Nundah, 4012 has not done well for property investors by showing a capital gain of -3.92% over the last year
Taking the average capital gain, or increase in median house value, Nundah,4012 has racked up an average of -3.92% over the period. This ranks it number 1399th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Nundah are currently offering property investors an average price cut of -6.80% below the asking price at the moment.
In the last year 189 properties changed hands in Nundah, which puts it as the 23th most active market in QLD when comparing the number of sales per suburb.