Park Avenue has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.26% to date .
Park Avenue,4701 was ranked 85 in Australia by increase in median property value over the quarter.
Park Avenue4701 is located in QLD which offers an average discount of -7.03% to property investors. Park Avenue itself is showing figures that indicate -11.57% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Park Avenue the average time real estate has been on the market is 75.4237 days.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of -0.90%, investors should hope to achieve an overall return of 6.47%