At number 1544th in the list of Australian suburbs ordered by increase in median house value over the last year, Nambour, 4560 is in the top 40% with a property value increase of 2.50% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nambour has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Nambour are currently offering property investors an average price cut of -5.30% below the asking price at the moment.
In the last year 207 properties changed hands in Nambour, which puts it as the 47th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $420 mark per week – giving a return of 5.33% based on the median price in Suburb
Investment property in Nambour has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.22%
While Nambour,4560 ranked number 76th in QLD for increase in median house value (annualised) increase, it is ranked 29th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nambour, 4560. Typically our figures indicate that -5.53% is being offered, which puts this QLD suburb at 631th most discounted overall in Australia.
Often selling an investment property can take time, and in Nambour the average time real estate has been on the market is 87.0189 days.
Renters in Suburb are facing rents around $16354 per annum or $314.5 every week.