QLD has seen average median house prices change by 12.16% which means that Camira, 4300 has done well for property investors by showing a capital gain of 7.99% over the last year
Camira,4300 has offered an average of 7.99% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Camira is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 344th in terms of most discounted suburbs in QLD
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Information supplied by:
Looking good for the present
Median house price: $412,500
Three-year growth: 17.9%
Rental yield: 4.5%
Sitting comfortably near Springfield Lakes, the suburb of Camira is well liked by residents for its recreational facilities, including sports fields and picnic areas, and quiet atmosphere.
This area has been on a strong run of growth, due in part to the affordability of the house market. However, price increases did slow considerably in the year to 2018, so long-term investors may want to keep an eye on market movement. Rents are low at under $400 per week, with landlords able to gain reasonable returns.
Camira is bordered by bushland, and residents are able to buy houses on large blocks of land. The suburb is well served by being located right in the middle of excellent shopping areas like the St Ives shopping centre in nearby Goodna. Moreover, neighbouring Springfield houses medical centres, supermarkets and restaurants.