Giving property investors a a poor capital gain of -9.78% for the last year, Pacific Heights, 4703 is the 3345th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Pacific Heights,4703 has racked up an average of -9.78% over the period. This ranks it number 3297th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Pacific Heights is giving property investors an average Vendor Discount of around -5.71%. This puts suburb at number 473th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $475 and the average annual increase in value of a median property of 1.43%, investors should hope to achieve an overall return of 5.70%