QLD has seen average median house prices change by 2.81% which means that Minyama, 4575 has done well for property investors by showing a capital gain of 42.01% over the last year
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.74% offered to property buyers. Sellers in Minyama itself are offering an average vendor discount of -4.12% to real estate investors.
In the last year 53 properties changed hands in Minyama, which puts it as the 416th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $650 and the average annual increase in value of a median property of 4.04%, investors should hope to achieve an overall return of 2.82%
If you compare the increase in value of investment property in Minyama, 4575 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 12.40%.
Taking the average capital gain, or increase in median house value, Minyama,4575 has racked up an average of 12.40% over the period. This ranks it number 659th in the whole country for real estate investors looking at median house price increases.
At number 273th of QLD’s most discounted properties, Minyama is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $367.5 mark per week – giving a return of 5.27% based on the median price in Suburb