Property value increases in Miles have tracked higher than the QLD average of 2.21% over the last 12 months.
If we look at median property appreciation over just the last three months, Miles has given property investors a paper return of 9.38%. This puts Suburb as 36 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Miles are currently offering property investors an average price cut of -20.56% below the asking price at the moment.
In the last year 23 properties changed hands in Miles, which puts it as the 643th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $200 mark per week – giving a return of 5.94% based on the median price in Suburb