Augustine Heights, 4300 ranked 488th in QLD when comparing growth in median property values or capital gain over the last 12 months. Augustine Heights is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Augustine Heights has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Augustine Heights is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 693th in terms of most discounted suburbs in QLD
At number 2062 in a list of fastest selling suburbs, Augustine Heights is just in the bottom half of suburbs in Australia with an average of days on market 57.7288 for properties listed there.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 3.97%, without taking into account capital value appreciation, which has been averaging out at 1.14%.