PARK AVENUE 4701
State: QLDPosiProp AI Investment Summary
PARK AVENUE (QLD 4701) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.3% and has experienced a 12-month capital growth of Up 9.3%, with a median house buy price of $566,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$515,500
$575,600
$550,000
$566,000
Suburb Market Profile
Last month Park Avenue had 30 properties available for rent and 34 properties for sale. Median property prices over the last year range from $566,000 for houses to $438,500 for units. If you are looking for an investment property, consider houses in Park Avenue rent out for $550 PW with an annual rental yield of 5.3% and units rent for $380 PW with a rental yield of 5.4%. Park Avenue has seen an annual compound growth rate of 9.3% for houses and 48.6% for units.
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