Queenstown has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.27% to date .
Queenstown,5014 has offered an average of 1.27% return per annum in house price rises to property investors over the last three years.
With the median price for a house in Queenstown being $400000 and the advertised rent reaching $357.5 the gross rental yield for property investors calculates out to be 4.65%
While Queenstown,5014 ranked number 49th in SA for increase in median house value (annualised) increase, it is ranked 154th over the last 5 years.
Advertised rents are around the $260 mark per week – giving a return of 3.67% based on the median price in Suburb