Investment property in Andergrove has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.11%
Andergrove,4740 was ranked 3874 in Australia by increase in median property value over the quarter.
Property buyers and investors in Andergrove 4740 should be seeing an average reduction in asking price of around -5.94% . This means that Andergrove is holding prices well when compared to other suburbs in QLD.
Residents and property investors in Andergrove have been waiting around 69.7249 days to sell a property.
Investment property in Andergrove has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.42%
Our latest figures would indicate that property sellers in Andergrove are currently offering property investors an average price cut of -5.46% below the asking price at the moment.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 31.19%, investors should hope to achieve an overall return of 6.05%