Property value increases in Capalaba have tracked just higher than the QLD average of 12.16% over the last 12 months.
While Capalaba,4157 ranked number 289th in QLD for increase in median house value (annualised) increase, it is ranked 383th over the last 5 years.
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 Capalaba itself are offering an average vendor discount of -3.63% to real estate investors.
A $455 per week rent on the median house gives suburb investors a gross yield of circa 4.23%, without taking into account capital value appreciation, which has been averaging out at 3.25%.
Capalaba, 4157 ranked 62th in QLD when comparing growth in median property values or capital gain over the last 12 months. Capalaba is one of 2415 in our list for QLD
Over the longer term, Capalaba has seen property prices show investors a 15.67% return over the last 3 years. This is an improvement over the last 12 months
Sellers are offering property buyers an average discount of -3.54% to buyers in Capalaba at the moment, which is less than average for the rest of QLD.
With the median price for a house in Capalaba being $355000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.57%