Property investors who have had real estate in Annerley, 4103 should be relatively 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 4.01%
Annerley,4103 was ranked 1430 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Annerley are currently offering property investors an average price cut of -3.67% below the asking price at the moment.
On average over the past year, suburb has had 7.92 sales per month, which equates to 95 per year.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 3.46%.
Annerley has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.67% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Annerley has fallen somewhat when compared to the 5 year average annual rate.
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 Annerley, 4103. Typically our figures indicate that -5.78% is being offered, which puts this QLD suburb at 570th most discounted overall in Australia.
In the last year 89 properties changed hands in Annerley, which puts it as the 63th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Annerley being $416750 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.62%