Giving property investors a an unimpressive capital gain of 6.95% for the last year, Tanah Merah, 4128 is the 3224th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Tanah Merah comes in at number 617th in QLD.
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 Tanah Merah itself are offering an average vendor discount of -3.00% to real estate investors.
Residents and property investors in Tanah Merah have been waiting around 46.5846 days to sell a property.
Renters in Suburb are facing rents around $22880 per annum or $440 every week.
Tanah Merah is in the bottom 10% in QLD when comparing median price capital growth over the last year. Tanah Merah gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.95%.
If we look at median property appreciation over just the last three months, Tanah Merah has given property investors a paper return of 6.67%. This puts Suburb as 49 on a list of fastest fasting appreciating suburbs in QLD
Tanah Merah is 84th on a list of best yielding suburbs for rents in QLD with a 6.55% return