Over the last year, property investments in Virginia, 4014 have given investors a capital gain of -2.70%. This compares badly with the 2.06% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Virginia has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Virginia are currently offering property investors an average price cut of -4.96% below the asking price at the moment.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 5.57%.