Daisy Hill is an average performer in QLD when comparing median price capital growth over the last year. Daisy Hill gave property investors a good capital gain figure when compared to the rest of the state, with 14.12%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Daisy Hill has increased when compared to the 5 year average annual rate.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Daisy Hill itself are offering an average vendor discount of -3.20% to real estate investors.
Comparing Daisy Hill,4127 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Daisy Hill, 4127’s gross rental yield is 5.90%
Information supplied by:
Nature hub struggles
Median unit price: $309,000
Three-year growth: 5.5%
Rental yield: 5.8%
Covering a part of Daisy Hill Conservation Park, the suburb of Daisy Hill in Logan City is showing signs of slipping.
In the year leading up to March 2018, apartment values stumbled slightly by 1.5%, with the three months to March 2018 showing a 0.7% dip. This cuts off a pattern of positive growth recorded since 2013, and causes the median price to fall to $309,000.
Nonetheless, this could end up creating opportunities for investors looking to capitalise on the low prices and the remarkable average rental yield of 5.8%. Units are on the market for only 46 days before being sold.
Daisy Hill has been lauded as a great suburb to raise a family, given the proximity to nature and the peaceful atmosphere.