Property investors who have had real estate in Millstream, 4888 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.43%
If we look at median property appreciation over just the last three months, Millstream has given property investors a paper return of -7.02%. This puts Suburb as 1032 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Millstream are currently offering property investors an average price cut of -6.97% below the asking price at the moment.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 6.87%, without taking into account capital value appreciation, which has been averaging out at 3.17%.