Property investors who have had real estate in Mango Hill, 4509 should be relatively 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 1.35%
The five-year average increase in median property values for Mango Hill,4509 has given property investors a potential capital gain of 22.56% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Mango Hill itself are offering an average vendor discount of -5.25% to real estate investors.
Mango Hill is 545th on a list of best yielding suburbs for rents in QLD with a 4.34% return
Investment property in Mango Hill has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.57%
Over the longer term, Mango Hill has seen property prices show investors a -3.94% return over the last 3 years. This is an improvement over the last 12 months
The most recent median price for Mango Hill is $347000, with sellers offering an average of -7.03% off the asking price.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of -0.70%, investors should hope to achieve an overall return of 5.32%