Property value increases in Meringandan West have tracked just higher than the QLD average of 2.53% over the last 12 months.
Taking the average capital gain, or increase in median house value, Meringandan West,4352 has racked up an average of 6.48% over the period. This ranks it number 3052th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Meringandan West is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 570th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.