At number 3124th in the list of Australian suburbs ordered by increase in median house value over the last year, Marcoola, 4564 is in the BOTTOM 30% with a property value increase of 0.00% recorded in median house prices.
While Marcoola,4564 ranked number 171th in QLD for increase in median house value (annualised) increase, it is ranked 261th over the last 5 years.
The most recent median price for Marcoola is $590000, with sellers offering an average of -4.15% off the asking price.
In the last year 45 properties changed hands in Marcoola, which puts it as the 479th most active market in QLD when comparing the number of sales per suburb.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 4.23%, without taking into account capital value appreciation, which has been averaging out at 2.19%.
Property investors who have had real estate in Marcoola, 4564 should be 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 14.60%
While Marcoola,4564 ranked number 330th in QLD for increase in median house value (annualised) increase, it is ranked 241th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Marcoola itself are offering an average vendor discount of -5.52% to real estate investors.
On average over the past year, suburb has had 7.58 sales per month, which equates to 91 per year.
Situated 91.36km from the CBD, Marcoola is one of Sunshine Coast localities in the postcode 4564.