QLD has seen average median house prices change by 12.16% which means that Railway Estate, 4810 has done well for property investors by showing a capital gain of 23.89% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Railway Estate has increased when compared to the 5 year average annual rate.
Railway Estate, 4810 is offering QLD ‘s 403th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
Residents and property investors in Railway Estate have been waiting around 38.5833 days to sell a property.
If we look at median property appreciation over just the last three months, Railway Estate has given property investors a paper return of 15.99%. This puts Suburb as 7 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.64% offered to property buyers. Sellers in Railway Estate itself are offering an average vendor discount of -7.33% to real estate investors.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 7.87%, without taking into account capital value appreciation, which has been averaging out at -8.20%.