QLD has seen average median house prices change by 0.78% which means that Edens Landing, 4207 has done well for property investors by showing a capital gain of 1.30% over the last year
Taking the average capital gain, or increase in median house value, Edens Landing,4207 has racked up an average of 1.30% over the period. This ranks it number 1759th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.86% to buyers in Edens Landing at the moment, which is less than average for the rest of QLD.
Edens Landing is in the TOP 30% in QLD when comparing median price capital growth over the last year. Edens Landing gave property investors a good capital gain figure when compared to the rest of the state, with 4.44%.
Edens Landing,4207 was ranked 519 in Australia by increase in median property value over the quarter.
A $295 per week rent on the median house gives suburb investors a gross yield of circa 6.53%, without taking into account capital value appreciation, which has been averaging out at 3.30%.
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Steady growth with affordability
Median unit price: $227,000
Three-year growth: 8.7%
Rental yield: 6.6%
Primarily a residential suburb, Edens Landing was originally known as Holmview Heights. Edens Landing State Primary School on Jamie Nicolson Avenue was established in 1997, and has an oval equipped with facilities for netball, tennis and basketball. There is another smaller sports field on the school grounds. Castle Crescent serves as the main street and shopping hub. The local train station is a stop on the Beenleigh railway line, and Logan City bus 562 services the suburb.
Edens Landing is a very affordable suburb, with units having a median price of just $227,000. Growth has been gentle, but steady since 2013, with values increasing by 2.1% in the 12 months to July 2018. Nonetheless, landlords can profit off very high yields (an average of 6.6%) off average rent rates of less than $300 per week.