At number 2217th in the list of Australian suburbs ordered by increase in median house value over the last year, Taigum, 4018 is in the BOTTOM 50% with a property value increase of -1.93% recorded in median house prices.
Across a shorter period, Taigum, 4018 has seen a median price increase of 0.19% over the last quarter.
Vendor discounting in Taigum is giving property investors an average Vendor Discount of around -4.76%. This puts suburb at number 630th in QLD when ranking the most discounted suburbs.
Taigum is 491th on a list of best yielding suburbs for rents in QLD with a 4.49% return
Property value increases in Taigum have tracked close to the QLD average of -0.03% over the last 12 months.
Taking the average capital gain, or increase in median house value, Taigum,4018 has racked up an average of 0.24% over the period. This ranks it number 1140th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Taigum, 4018. Typically our figures indicate that -4.71% is being offered, which puts this QLD suburb at 848th most discounted overall in Australia.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 6.40%, without taking into account capital value appreciation, which has been averaging out at 0.04%.