Investment property in South Gladstone has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.21%
While South Gladstone,4680 ranked number 58th in QLD for increase in median house value (annualised) increase, it is ranked 810th 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 -7.01% offered to property buyers. Sellers in South Gladstone itself are offering an average vendor discount of -12.02% to real estate investors.
Often selling an investment property can take time, and in South Gladstone the average time real estate has been on the market is 105.811 days.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of -1.29%, investors should hope to achieve an overall return of 4.91%
QLD has seen average median house prices change by -0.57% which means that South Gladstone, 4680 has not done well for property investors by showing a capital gain of -42.86% over the last year
If we look at median property appreciation over just the last three months, South Gladstone has given property investors a paper return of -50.16%. This puts Suburb as 326 on a list of fastest fasting appreciating suburbs in QLD
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 South Gladstone, 4680. Typically our figures indicate that -13.09% is being offered, which puts this QLD suburb at 7th most discounted overall in Australia.
Property investors should expect to get $150 weekly from the median priced house in this suburb.