UNDERWOOD ranks 561st in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 5.94% for the past year is higher than average compared to its 25.2% growth within a five-year period.
Also in UNDERWOOD, the median home price is sitting at $561,500, and the average rent at $450, this suggests property owners could potentially earn a 4.17% increase in gross rental yield.
Property investors have seen a 1.35% gain in UNDERWOOD based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.42% growth over a ten-year period. It ranks 2193rd on our list of suburbs that property investors should look into.
A 5.71% increase in median property prices in UNDERWOOD, 4119 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 91st.
UNDERWOOD, 4119 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $370,000.
Augmented property values in UNDERWOOD are trailing above the QLD average of 0.61% for the past year.
Real estate investors could earn a rental income of $328 based on current median home prices for the suburb.
Home owners selling their properties and realtors in UNDERWOOD usually have to wait an average of 98.0 days days before their assets are lifted off the market.
UNDERWOOD ranks 291st on the list of best yielding suburbs for rental properties in QLD, posting a 4.61% return.
UNDERWOOD, 4119 places 327th in Australia based on median property value growth during the quarter.