With a capital gain of -1.35% for the last 12 months, Koongal, 4701 has performed for property investments than its average annual -1.70% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Koongal has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Koongal is giving property investors an average Vendor Discount of around -10.66%. This puts suburb at number 43th in QLD when ranking the most discounted suburbs.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 6.53%, without taking into account capital value appreciation, which has been averaging out at -1.70%.