Property investors who have had real estate in Yeerongpilly, 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 7.19%
LACK OF BUYER INTEREST may well be the reason that Yeerongpilly is offering property investors an average of -6.61. This rate of discount on properties puts Suburb at number 310th in terms of most discounted suburbs in QLD
With the median price for a house in Yeerongpilly being $820000 and the advertised rent reaching $417.5 the gross rental yield for property investors calculates out to be 2.65%
Over the last year, property investments in Yeerongpilly, 4105 have given investors a capital gain of -10.08%. This compares very badly with the 0.66% for QLD as a whole.
Over the longer term, Yeerongpilly has seen property prices show investors a 1.53% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Yeerongpilly is giving property investors an average Vendor Discount of around -3.83%. This puts suburb at number 266th in QLD when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $20280 per annum or $390 every week.