Property investors who have had real estate in Silkstone, 4304 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.60%
Comparing Silkstone,4304 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Silkstone is offering property investors an average of -6.74. This rate of discount on properties puts Suburb at number 242th in terms of most discounted suburbs in QLD
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.55%, without taking into account capital value appreciation, which has been averaging out at 1.07%.