If you compare the increase in value of investment property in Kanimbla, 4870 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.99%.
When looking at the potential capital gains offered to property investors over the last 3 years, Kanimbla comes in at number 400th in QLD.
LACK OF BUYER INTEREST may well be the reason that Kanimbla is offering property investors an average of -6.92. This rate of discount on properties puts Suburb at number 674th in terms of most discounted suburbs in QLD
At number 169 in a list of fastest selling suburbs, Kanimbla is in the TOP 10% of suburbs in Australia with an average of days on market 44.3333 for properties listed there.
The QLD suburb of Kanimbla, 4870 is in the Cairns (R) local government area.