Edens Landing has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.39% to date .
Taking the average capital gain, or increase in median house value, Edens Landing,4207 has racked up an average of 0.39% over the period. This ranks it number 2502th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.92% offered to property buyers. Sellers in Edens Landing itself are offering an average vendor discount of -7.61% to real estate investors.
Renters in Suburb are facing rents around $19240 per annum or $370 every week.
Giving property investors a an average capital gain of -2.71% for the last year, Edens Landing, 4207 is the 837th highest performer in Australia in this respect.
Edens Landing,4207 has offered an average of -2.71% return per annum in house price rises to property investors over the last three years.
Often selling an investment property can take time, and in Edens Landing the average time real estate has been on the market is 98.75 days.
Edens Landing is 54th on a list of best yielding suburbs for rents in QLD with a 6.83% return
Information supplied by:
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.