Property investors who have had real estate in Sandstone Point, 4511 should be relatively unhappy 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 9.35%
A 25.31% growth in median value for property investors in Sandstone Point,4511 puts this suburb at number 322th in terms of best performing suburbs in QLD
The most recent median price for Sandstone Point is $500000, with sellers offering an average of -3.31% off the asking price.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.58%, without taking into account capital value appreciation, which has been averaging out at 2.77%.
If you compare the increase in value of investment property in Sandstone Point, 4511 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -8.55%.
Sandstone Point,4511 has offered an average of -8.55% return per annum in house price rises to property investors over the last three years.
Residents and property investors in Sandstone Point have been waiting around 102.9 days to sell a property.