Edmonton is in the bottom 20% in QLD when comparing median price capital growth over the last year. Edmonton gave property investors a dismal capital gain figure when compared to the rest of the state, with -5.58%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Edmonton has increased when compared to the 5 year average annual rate.
The most recent median price for Edmonton is $330000, with sellers offering an average of -6.77% off the asking price.
Often selling an investment property can take time, and in Edmonton the average time real estate has been on the market is 103.88 days.
Edmonton has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.90% to date .
Edmonton,4869 has offered an average of 3.90% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Edmonton is giving property investors an average Vendor Discount of around -7.36%. This puts suburb at number 40th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
With the median price for a house in Edmonton being $146500 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 9.23%