Kamerunga

Property investors enjoyed capital gains of 18.02% over the last 12 months in KAMERUNGA, 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 the QLD suburb obtained a 6.73% growth over a ten-year period. It ranks 2141st on our list of suburbs that property investors should look into.

KAMERUNGA, 4870 has a capital gain of 18.02% for the past year, which is higher than average compared to its 62.4% growth within a five-year period.

With the median home price in KAMERUNGA sitting at $779,500, and the average rent at $750, property owners could potentially earn a 5% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in KAMERUNGA are low, as opposed to average gains per annum over the past five years.

KAMERUNGA, 4870 in QLD belongs to the local government area of Cairns.