At number 1743th in the list of Australian suburbs ordered by increase in median house value over the last year, Fitzgibbon, 4018 is in the top half with a property value increase of 7.31% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Fitzgibbon,4018 has racked up an average of 7.31% over the period. This ranks it number 2022th in the whole country for real estate investors looking at median house price increases.
Fitzgibbon4018 is located in QLD which offers an average discount of -7.16% to property investors. Fitzgibbon itself is showing figures that indicate -2.84% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Fitzgibbon have been waiting around 29.02 days to sell a property.
A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.65%, without taking into account capital value appreciation, which has been averaging out at 3.49%.
With a capital gain of 4.08% for the last 12 months, Fitzgibbon, 4018 has performed for property investments than its average annual 4.69% property growth over the last 5 years.
Fitzgibbon,4018 was ranked 519 in Australia by increase in median property value over the quarter.
Property buyers and investors in Fitzgibbon 4018 should be seeing an average reduction in asking price of around -1.38% . This means that Fitzgibbon is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.69%, investors should hope to achieve an overall return of 4.92%