Investment property in Arundel has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.09%
Arundel,4214 has offered an average of 9.09% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Arundel 4214 should be seeing an average reduction in asking price of around -4.46% . This means that Arundel is holding prices well when compared to other suburbs in QLD.
The QLD suburb of Arundel, 4214 is in the Gold Coast local government area.
With a capital gain of 4.78% for the last 12 months, Arundel, 4214 has performed for property investments than its average annual 2.21% property growth over the last 5 years.
Comparing Arundel,4214 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Arundel is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 260th in terms of most discounted suburbs in QLD
Residents and property investors in Arundel have been waiting around 75.9 days to sell a property.
With the median price for a house in Arundel being $351000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.78%