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 5.2% and has experienced a 12-month capital growth of Up 23.7%, with a median house buy price of $556,653. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$470,000
$560,653
$585,000
$556,653
Suburb Market Profile
Last month Park Avenue had 25 properties available for rent and 20 properties for sale. Median property prices over the last year range from $556,653 for houses to $462,000 for units. If you are looking for an investment property, consider houses in Park Avenue rent out for $540 PW with an annual rental yield of 5.2% and units rent for $380 PW with a rental yield of 5.2%. Park Avenue has seen an annual compound growth rate of 23.7% for houses and 59.3% for units.