Miami has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 10.24% to date .
A 66.49% growth in median value for property investors in Miami,4220 puts this suburb at number 324th in terms of best performing suburbs in QLD
Miami is 595th on a list of best yielding suburbs for rents in QLD with a 3.92% return
QLD has seen average median house prices change by -0.09% which means that Miami, 4220 has not done well for property investors by showing a capital gain of 13.49% over the last year
Across a shorter period, Miami, 4220 has seen a median price increase of 2.74% over the last quarter.
Property investors looking for a bargain in Miami should be aiming for at least -3.65% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 16.75 sales per month, which equates to 201 per year.
With the median price for a house in Miami being $488000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.80%