At number 2860th in the list of Australian suburbs ordered by increase in median house value over the last year, Yorkeys Knob, 4878 is in the BOTTOM 40% with a property value increase of -2.52% recorded in median house prices.
Yorkeys Knob,4878 has offered an average of -2.52% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.74% offered to property buyers. Sellers in Yorkeys Knob itself are offering an average vendor discount of -6.64% to real estate investors.
Often selling an investment property can take time, and in Yorkeys Knob the average time real estate has been on the market is 60.9655 days.
Investment property in Yorkeys Knob has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.62%
The five-year average increase in median property values for Yorkeys Knob,4878 has given property investors a potential capital gain of -2.70% across each of those five years.
Vendor discounting in Yorkeys Knob is giving property investors an average Vendor Discount of around -7.19%. This puts suburb at number 49th in QLD when ranking the most discounted suburbs.
In the last year 67 properties changed hands in Yorkeys Knob, which puts it as the 90th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Yorkeys Knob being $216000 and the advertised rent reaching $310 the gross rental yield for property investors calculates out to be 7.46%