Investment property in Miles has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.54%
When looking at the potential capital gains offered to property investors over the last 3 years, Miles comes in at number 437th in QLD.
At number 9th of QLD’s most discounted properties, Miles is in the bottom 10% of the state/territory when listing in order of most discounted to least.
In the last year 23 properties changed hands in Miles, which puts it as the 675th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Miles being $145000 and the advertised rent reaching $200 the gross rental yield for property investors calculates out to be 7.17%
The QLD suburb of Miles, 4415 is in the Western Downs (R) local government area.