QLD has seen average median house prices change by 2.19% which means that Collinsville, 4804 has done well for property investors by showing a capital gain of 21.33% over the last year
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.68% offered to property buyers. Sellers in Collinsville itself are offering an average vendor discount of -20.96% to real estate investors.
Often selling an investment property can take time, and in Collinsville the average time real estate has been on the market is 106.11 days.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of 2.30%, investors should hope to achieve an overall return of 14.29%