If you compare the increase in value of investment property in Park Avenue, 4701 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 23.08%.
Over the longer term, Park Avenue has seen property prices show investors a 17.07% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Park Avenue are currently offering property investors an average price cut of -9.22% below the asking price at the moment.
With the median price for a house in Park Avenue being $240000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 6.28%