If you compare the increase in value of investment property in Battery Hill, 4551 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 13.58%.
While Battery Hill,4551 ranked number 146th in QLD for increase in median house value (annualised) increase, it is ranked 54th over the last 5 years.
Our latest figures would indicate that property sellers in Battery Hill are currently offering property investors an average price cut of -2.87% below the asking price at the moment.
Often selling an investment property can take time, and in Battery Hill the average time real estate has been on the market is 30.46 days.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.21%, without taking into account capital value appreciation, which has been averaging out at 2.69%.
QLD has seen average median house prices change by 0.82% which means that Battery Hill, 4551 has done well for property investors by showing a capital gain of 7.84% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Battery Hill comes in at number 121th in QLD.
LACK OF BUYER INTEREST may well be the reason that Battery Hill is offering property investors an average of -5.77. This rate of discount on properties puts Suburb at number 294th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $3960 per annum or $330 every week.