Park Avenue has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 15.91% to date .
A 10.87% growth in median value for property investors in Park Avenue,4701 puts this suburb at number 139th in terms of best performing 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 Park Avenue, 4701. Typically our figures indicate that -6.75% is being offered, which puts this QLD suburb at 280th most discounted overall in Australia.
With the median price for a house in Park Avenue being $255000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 6.53%