Property investors who have had real estate in Cleveland, 4163 should be relatively pleased 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 14.84%
Over the longer term, Cleveland has seen property prices show investors a 13.38% return over the last 3 years. This is an improvement over the last 12 months
Cleveland, 4163 is offering QLD ‘s 374th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
With the median price for a house in Cleveland being $712000 and the advertised rent reaching $507.5 the gross rental yield for property investors calculates out to be 3.71%
Over the last year, property investments in Cleveland, 4163 have given investors a capital gain of 7.23%. This compares averagely with the 8.71% for QLD as a whole.
Cleveland,4163 has offered an average of 7.23% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Cleveland is giving property investors an average Vendor Discount of around -4.08%. This puts suburb at number 149th in QLD when ranking the most discounted suburbs.
In the last year 238 properties changed hands in Cleveland, which puts it as the 31th most active market in QLD when comparing the number of sales per suburb.