Property value increases in Arundel have tracked just lower than the QLD average of 12.16% over the last 12 months.
Comparing Arundel,4214 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Arundel are currently offering property investors an average price cut of -3.18% below the asking price at the moment.
Using the current median advertised rental of $570 and the average annual increase in value of a median property of 3.61%, investors should hope to achieve an overall return of 4.45%
Arundel has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.06% to date .
While Arundel,4214 ranked number 35th in QLD for increase in median house value (annualised) increase, it is ranked 123th over the last 5 years.
Residents and property investors in Arundel have been waiting around 40.697 days to sell a property.