Investment property in Pegs Creek has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 22.41%
Across a shorter period, Pegs Creek, 6714 has seen a median price increase of 6.85% over the last quarter.
Property investors looking for a bargain in Pegs Creek should be aiming for at least -5.50% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $450 weekly from the median priced house in this suburb.
Giving property investors a a solid capital gain of 30.00% for the last year, Pegs Creek, 6714 is the 31th highest performer in Australia in this respect.
Pegs Creek,6714 has offered an average of 30.00% return per annum in house price rises to property investors over the last three years.
A $465 per week rent on the median house gives suburb investors a gross yield of circa 12.40%, without taking into account capital value appreciation, which has been averaging out at 10.70%.