Over the last year, property investments in Petrie, 4502 have given investors a capital gain of 1.81%. This compares averagely with the 2.98% for QLD as a whole.
A 17.36% growth in median value for property investors in Petrie,4502 puts this suburb at number 397th in terms of best performing suburbs in QLD
At number 799th of QLD’s most discounted properties, Petrie is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $390 mark per week – giving a return of 4.80% based on the median price in Suburb
Petrie is in the bottom 40% in QLD when comparing median price capital growth over the last year. Petrie gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.66%.
If we look at median property appreciation over just the last three months, Petrie has given property investors a paper return of 0.46%. This puts Suburb as 158 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Petrie, 4502. Typically our figures indicate that -4.19% is being offered, which puts this QLD suburb at 948th most discounted overall in Australia.
In the last year 32 properties changed hands in Petrie, which puts it as the 237th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $335 and the average annual increase in value of a median property of -0.26%, investors should hope to achieve an overall return of 5.34%