Drayton has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.98% to date .
While Drayton,4350 ranked number 26th in QLD for increase in median house value (annualised) increase, it is ranked 857th over the last 5 years.
Property investors looking for a bargain in Drayton should be aiming for at least -3.52% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Drayton have been waiting around 64.5385 days to sell a property.
A $357.5 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 2.15%.
In the last year 10 properties changed hands in Drayton, which puts it as the 410th most active market in QLD when comparing the number of sales per suburb.