With a capital gain of 1.92% for the last 12 months, Tamborine Mountain, 4272 has performed for property investments than its average annual 1.64% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tamborine Mountain has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Tamborine Mountain is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 416th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 16.75 sales per month, which equates to 201 per year.
Advertised rents are around the $450 mark per week – giving a return of 4.42% based on the median price in Suburb
At number 657th in the list of Australian suburbs ordered by increase in median house value over the last year, Tamborine Mountain, 4272 is in the top 40% with a property value increase of 6.85% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Tamborine Mountain,4272 has racked up an average of 6.85% over the period. This ranks it number 211th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -2.61% to buyers in Tamborine Mountain at the moment, which is less than average for the rest of QLD.