Property investors who have had real estate in Point Lookout, 4183 should be 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 -4.65%
Across a shorter period, Point Lookout, 4183 has seen a median price increase of -2.96% over the last quarter.
The most recent median price for Point Lookout is $820000, with sellers offering an average of -10.06% off the asking price.
At number 860th in the list of Australian suburbs ordered by increase in median house value over the last year, Point Lookout, 4183 is in the top half with a property value increase of 4.44% recorded in median house prices.
The five-year average increase in median property values for Point Lookout,4183 has given property investors a potential capital gain of 32.39% across each of those five years.
Vendor discounting in Point Lookout is giving property investors an average Vendor Discount of around -8.20%. This puts suburb at number 35th in QLD when ranking the most discounted suburbs.