Property investors who have had real estate in Pullenvale, 4069 should be 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 11.52%
The five-year average increase in median property values for Pullenvale,4069 has given property investors a potential capital gain of 25.39% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Pullenvale is offering property investors an average of -6.68. This rate of discount on properties puts Suburb at number 63th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $787.5 and the average annual increase in value of a median property of 2.02%, investors should hope to achieve an overall return of 3.38%