Over the last year, property investments in Margate, 4019 have given investors a capital gain of 10.85%. This compares very favourably with the 2.82% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Margate,4019 has racked up an average of 10.85% over the period. This ranks it number 1867th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 13.08 sales per month, which equates to 157 per year.
Margate, 4019’s gross rental yield is 4.16%
If you compare the increase in value of investment property in Margate, 4019 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.78%.
While Margate,4019 ranked number 56th in QLD for increase in median house value (annualised) increase, it is ranked 116th over the last 5 years.
Renters in Suburb are facing rents around $4140 per annum or $345 every week.