A steady increase in median property prices over a five-year period in the suburb translates to a 13.25% capital gain.
It also 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 $470,000
The augmented property values in the suburb are trailing above the territorial average of 2.39% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $430.
Home owners selling their properties and realtors in ALEXANDRA HILLS usually have to wait an average of 44.8 days days before their assets are lifted off the market.
The QLD suburb ranks 330th on the list of best yielding suburbs for rental properties in QLD, posting a 4.76% return.
It also places places 359th in Australia based on median property value growth during the quarter.
Property investors enjoyed capital gains of 2.1% over the last 12 months in ALEXANDRA HILLS, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that ALEXANDRA HILLS, 4161 obtained a 1.86% growth over a ten-year period. It ranks 1306th on our list of suburbs that property investors should look into.
With the median home price in ALEXANDRA HILLS sitting at $340,000, and the average rent at $350, property owners could potentially earn a 5.35% increase in gross rental yield.
ALEXANDRA HILLS, 4161 in QLD belongs to the local government area of Redland.