Sandgate is in the bottom 20% in QLD when comparing median price capital growth over the last year. Sandgate gave property investors a dismal capital gain figure when compared to the rest of the state, with -5.33%.
Sandgate,4017 was ranked 1679 in Australia by increase in median property value over the quarter.
The most recent median price for Sandgate is $710000, with sellers offering an average of -5.78% off the asking price.
Residents and property investors in Sandgate have been waiting around 62.4231 days to sell a property.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 2.93%, investors should hope to achieve an overall return of 3.52%
If you compare the increase in value of investment property in Sandgate, 4017 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -24.32%.
If we look at median property appreciation over just the last three months, Sandgate has given property investors a paper return of -4.22%. This puts Suburb as 303 on a list of fastest fasting appreciating suburbs in QLD
Situated 17.06km from the CBD, Sandgate is one of Brisbane (C) localities in the postcode 4017.