Property investors who have had real estate in Moorooka, 4105 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 17.76%
The five-year average increase in median property values for Moorooka,4105 has given property investors a potential capital gain of 31.97% across each of those five years.
Moorooka, 4105 is offering QLD ‘s 102th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
Often selling an investment property can take time, and in Moorooka the average time real estate has been on the market is 46.6629 days.
Moorooka is 685th on a list of best yielding suburbs for rents in QLD with a 3.06% return
Investment property in Moorooka has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.63%
The five-year average increase in median property values for Moorooka,4105 has given property investors a potential capital gain of -11.31% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.64% offered to property buyers. Sellers in Moorooka itself are offering an average vendor discount of -4.17% to real estate investors.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.03%, without taking into account capital value appreciation, which has been averaging out at -0.16%.