QLD has seen average median house prices change by 10.14% which means that Cedar Vale, 4285 has done well for property investors by showing a capital gain of 6.32% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Cedar Vale comes in at number 544th in QLD.
At number 580th of QLD’s most discounted properties, Cedar Vale is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Information supplied by:
Logan suburb maintains growth
Median house price: $497,000
Three-year growth: 10.4%
Rental yield: 5.5%
A suburb that became part of the city of Logan a decade ago, Cedar Vale is looking to see quite a bit of growth coming in.
The suburb has maintained a strong streak of price increases since July 2013. The July 2017-2018 period alone generated 7.5% growth, and values went up by a further 5% in the three months to July 2018 to hit a median of $497,500.
The suburb is around 15 minutes away from the Logan CBD. It is popular with families because it is surrounded by many schools in the neighbouring suburbs, including Veresdale Scrub State School and Woodhill State School to the west and Jimboomba State School and Emmaus College to the north. There are also several parks in the suburb which are secure, making them ideal as children’s play areas.