Giving property investors a a stable capital gain of 2.22% for the last year, Arundel, 4214 is the 1604th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Arundel has given property investors a paper return of 2.68%. This puts Suburb as 197 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Arundel is $575000, with sellers offering an average of -6.45% off the asking price.
Often selling an investment property can take time, and in Arundel the average time real estate has been on the market is 82.3282 days.
With the median price for a house in Arundel being $575000 and the advertised rent reaching $530 the gross rental yield for property investors calculates out to be 4.79%
At number 470th in the list of Australian suburbs ordered by increase in median house value over the last year, Arundel, 4214 is in the top 40% with a property value increase of 4.83% recorded in median house prices.
Arundel,4214 was ranked 210 in Australia by increase in median property value over the quarter.
Arundel, 4214 is offering QLD ‘s 112th 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.
In the last year 46 properties changed hands in Arundel, which puts it as the 133th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 0.60%, investors should hope to achieve an overall return of 6.28%