Property investors who have had real estate in Mount Ommaney, 4074 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.41%
While Mount Ommaney,4074 ranked number 114th in QLD for increase in median house value (annualised) increase, it is ranked 374th over the last 5 years.
In the last year 21 properties changed hands in Mount Ommaney, which puts it as the 688th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $700 mark per week – giving a return of 4.09% based on the median price in Suburb
Comparing Mount Ommaney,4074 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Using the current median advertised rental of $505 and the average annual increase in value of a median property of -0.04%, investors should hope to achieve an overall return of 4.24%