MILES 4415
State: QLDPosiProp AI Investment Summary
MILES (QLD 4415) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 6.0% and has experienced a 12-month capital growth of Up 28.5%, with a median house buy price of $462,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$294,750
$400,000
$516,000
$462,500
Suburb Market Profile
Last month Miles had 18 properties available for rent and 17 properties for sale. Median property prices over the last year range from $462,500 for houses to $350,000 for units. If you are looking for an investment property, consider houses in Miles rent out for $500 PW with an annual rental yield of 6.0%. Miles has seen an annual compound growth rate of 28.5% for houses and 41.4% for units.
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