MERINGANDAN 4352
State: QLDPosiProp AI Investment Summary
MERINGANDAN (QLD 4352) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Up 23.7%, with a median house buy price of $909,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$854,500
$1,070,000
$909,500
Suburb Market Profile
Last month Meringandan had 0 properties available for rent and 1 property for sale. Median sold prices over the last year is $909,500 for houses. If you are looking for an investment property, consider houses in Meringandan rent out for $643 PW with an annual rental yield of 3.5%. Meringandan has seen an annual compound growth rate of 23.7% for houses.
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