If you compare the increase in value of investment property in Darra, 4076 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.25%.
Darra,4076 was ranked 1542 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Darra is offering property investors an average of -7.01. This rate of discount on properties puts Suburb at number 313th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.36%, without taking into account capital value appreciation, which has been averaging out at 2.69%.