Property investors who have had real estate in Drewvale, 4116 should be ok 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 12.93%
Drewvale,4116 was ranked 2527 in Australia by increase in median property value over the quarter.
At number 237th of QLD’s most discounted properties, Drewvale is in the bottom 40% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 6.33 sales per month, which equates to 76 per year.
A $482.5 per week rent on the median house gives suburb investors a gross yield of circa 3.88%, without taking into account capital value appreciation, which has been averaging out at 2.96%.