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Nanango

POSTAL CODE: QLD, 4615
HOUSE

NANANGO, 4615 ranks 171st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 6.19% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $600,000.

The upward trend in home prices in NANANGO, 4615 averaged 20% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in NANANGO.

An average of 1.33 real estate transactions take place per month in NANANGO which translates to 16 per annum.

16 properties were sold in NANANGO in 2016, making it the 33rd most active market in QLD based on total real estate transactions.

NANANGO, 4615 places 118th in Australia based on median property value growth during the quarter.

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