Investment property in Hope Island has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.43%
Hope Island,4212 was ranked 3447 in Australia by increase in median property value over the quarter.
Property buyers and investors in Hope Island 4212 should be seeing an average reduction in asking price of around -9.06% . This means that Hope Island is holding prices well when compared to other suburbs in QLD.
A $725 per week rent on the median house gives suburb investors a gross yield of circa 3.89%, without taking into account capital value appreciation, which has been averaging out at 6.75%.
If you compare the increase in value of investment property in Hope Island, 4212 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -9.26%.
The five-year average increase in median property values for Hope Island,4212 has given property investors a potential capital gain of 7.69% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Hope Island is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 131th in terms of most discounted suburbs in QLD
Hope Island, 4212’s gross rental yield is 5.25%