Collinsville is an average performer in QLD when comparing median price capital growth over the last year. Collinsville gave property investors a average capital gain figure when compared to the rest of the state, with 12.55%.
Taking the average capital gain, or increase in median house value, Collinsville,4804 has racked up an average of 12.55% over the period. This ranks it number 4289th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Collinsville, 4804. Typically our figures indicate that -14.42% is being offered, which puts this QLD suburb at 7th most discounted overall in Australia.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of 3.38%, investors should hope to achieve an overall return of 16.39%