Battery Hill is an average performer in QLD when comparing median price capital growth over the last year. Battery Hill gave property investors a good capital gain figure when compared to the rest of the state, with 15.45%.
A 41.67% growth in median value for property investors in Battery Hill,4551 puts this suburb at number 632th in terms of best performing suburbs in QLD
The most recent median price for Battery Hill is $680000, with sellers offering an average of -1.89% off the asking price.
Often selling an investment property can take time, and in Battery Hill the average time real estate has been on the market is 29.6786 days.
Battery Hill, 4551’s gross rental yield is 4.09%
Over the last year, property investments in Battery Hill, 4551 have given investors a capital gain of 17.33%. This compares very favourably with the 8.71% for QLD as a whole.
If we look at median property appreciation over just the last three months, Battery Hill has given property investors a paper return of 1.54%. This puts Suburb as 218 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Battery Hill should be aiming for at least -3.08% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $18720 per annum or $360 every week.
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Houses flourish on the coast
Median house price: $541,250
Three-year growth: 24.4%
Rental yield: 4.3%
A suburb on Queensland’s booming Sunshine Coast, Battery Hill is enjoying the remarkable growth that comes with its location.
The suburb logged a 14.2% increase in house prices, bringing the median value to over $540,000. Such properties stay on the market for an average of only 30 days, suggesting the fierce competition happening here. Vendors set an average discount rate of just 2.7%, and investors gain an average rental return of 4.3%.
Battery Hill is nestled within the Caloundra urban centre. Thus, residents have access to schools like Caloundra State School, Caloundra Christian College and a campus of the Sunshine Coast Institute of TAFE. Stockland Caloundra and Caloundra Village Shopping Centre are nearby, along with numerous parks.