Property investors who have had real estate in Miles, 4415 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 30.61%
Vendor discounting in Miles is giving property investors an average Vendor Discount of around -25.67%. This puts suburb at number in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $200 and the average annual increase in value of a median property of 14.90%, investors should hope to achieve an overall return of 6.50%