If you compare the increase in value of investment property in Raceview, 4305 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -5.09%.
A 0.89% growth in median value for property investors in Raceview,4305 puts this suburb at number 750th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.92% offered to property buyers. Sellers in Raceview itself are offering an average vendor discount of -7.50% to real estate investors.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 5.66%, without taking into account capital value appreciation, which has been averaging out at -0.06%.