Giving property investors a an average capital gain of 14.16% for the last year, Queenstown, 5014 is the 1814th highest performer in Australia in this respect.
Queenstown,5014 has offered an average of 14.16% return per annum in house price rises to property investors over the last three years.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 4.07%, investors should hope to achieve an overall return of 4.14%
Investment property in Queenstown 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 -2.56%
With the median price for a house in Queenstown being $285000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.47%