Mooroobool has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -3.74% to date .
Across a shorter period, Mooroobool, 4870 has seen a median price increase of 0.00% over the last quarter.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Mooroobool itself are offering an average vendor discount of -7.89% to real estate investors.
At number 1585 in a list of fastest selling suburbs, Mooroobool is just in the top half of suburbs in Australia with an average of days on market 71.7089 for properties listed there.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 1.18%, investors should hope to achieve an overall return of 5.78%
At number 963th in the list of Australian suburbs ordered by increase in median house value over the last year, Mooroobool, 4870 is in the BOTTOM 40% with a property value increase of -5.35% recorded in median house prices.
If we look at median property appreciation over just the last three months, Mooroobool has given property investors a paper return of 5.17%. This puts Suburb as 33 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Mooroobool are currently offering property investors an average price cut of -5.04% below the asking price at the moment.
Residents and property investors in Mooroobool have been waiting around 74.4231 days to sell a property.