With a capital gain of -6.22% for the last 12 months, Murrumba Downs, 4503 has performed for property investments than its average annual 2.49% property growth over the last 5 years.
While Murrumba Downs,4503 ranked number 814th in QLD for increase in median house value (annualised) increase, it is ranked 370th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Murrumba Downs itself are offering an average vendor discount of -5.23% to real estate investors.
Often selling an investment property can take time, and in Murrumba Downs the average time real estate has been on the market is 60.8092 days.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 2.49%, investors should hope to achieve an overall return of 4.30%