Property investors who have had real estate in Daisy Hill, 4127 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.52%
Taking the average capital gain, or increase in median house value, Daisy Hill,4127 has racked up an average of -1.52% over the period. This ranks it number 2975th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Daisy Hill is offering property investors an average of -6.74. This rate of discount on properties puts Suburb at number 607th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Daisy Hill the average time real estate has been on the market is 62.5341 days.
Renters in Suburb are facing rents around $23920 per annum or $460 every week.
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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.