If you compare the increase in value of investment property in Castle Hill, 4810 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 30.85%.
If we look at median property appreciation over just the last three months, Castle Hill has given property investors a paper return of 4.86%. This puts Suburb as 359 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Castle Hill should be aiming for at least -5.55% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Castle Hill the average time real estate has been on the market is 69.1667 days.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 2.85%, investors should hope to achieve an overall return of 2.09%