Investment property in Runaway Bay has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.00%
A 14.58% growth in median value for property investors in Runaway Bay,4216 puts this suburb at number 101th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Runaway Bay is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 404th in terms of most discounted suburbs in QLD
In the last year 194 properties changed hands in Runaway Bay, which puts it as the 122th most active market in QLD when comparing the number of sales per suburb.
Runaway Bay is 646th on a list of best yielding suburbs for rents in QLD with a 3.33% return
Property value increases in Runaway Bay have tracked close to the QLD average of 8.71% over the last 12 months.
If we look at median property appreciation over just the last three months, Runaway Bay has given property investors a paper return of 0.00%. This puts Suburb as 269 on a list of fastest fasting appreciating suburbs in QLD
Runaway Bay4216 is located in QLD which offers an average discount of -4.64% to property investors. Runaway Bay itself is showing figures that indicate -4.24% is the average achievable by property buyers investing in the suburb.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.50%, without taking into account capital value appreciation, which has been averaging out at 3.39%.