QLD has seen average median house prices change by 2.81% which means that Fitzgibbon, 4018 has done well for property investors by showing a capital gain of 6.82% over the last year
If we look at median property appreciation over just the last three months, Fitzgibbon has given property investors a paper return of 0.00%. This puts Suburb as 480 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.84% offered to property buyers. Sellers in Fitzgibbon itself are offering an average vendor discount of -3.00% to real estate investors.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 2.92%, investors should hope to achieve an overall return of 4.54%
Fitzgibbon is an average performer in QLD when comparing median price capital growth over the last year. Fitzgibbon gave property investors a average capital gain figure when compared to the rest of the state, with 1.81%.
Over the longer term, Fitzgibbon has seen property prices show investors a 14.53% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Fitzgibbon is giving property investors an average Vendor Discount of around -3.31%. This puts suburb at number 289th in QLD when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.