Property investors who have had real estate in Shorncliffe, 4017 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.47%
The five-year average increase in median property values for Shorncliffe,4017 has given property investors a potential capital gain of 33.47% across each of those five years.
Our latest figures would indicate that property sellers in Shorncliffe are currently offering property investors an average price cut of -4.90% below the asking price at the moment.
In the last year 31 properties changed hands in Shorncliffe, which puts it as the 577th most active market in QLD when comparing the number of sales per suburb.
Shorncliffe is 615th on a list of best yielding suburbs for rents in QLD with a 3.72% return