Investment property in Lutwyche has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.44%
The five-year average increase in median property values for Lutwyche,4030 has given property investors a potential capital gain of 15.24% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Lutwyche itself are offering an average vendor discount of -6.23% to real estate investors.
At number 750 in a list of fastest selling suburbs, Lutwyche is in the TOP 20% of suburbs in Australia with an average of days on market 56.95 for properties listed there.
Giving property investors a an average capital gain of 1.04% for the last year, Lutwyche, 4030 is the 979th highest performer in Australia in this respect.
While Lutwyche,4030 ranked number 210th in QLD for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.
Vendor discounting in Lutwyche is giving property investors an average Vendor Discount of around -5.62%. This puts suburb at number 160th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Lutwyche the average time real estate has been on the market is 98.19 days.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 7.34%, investors should hope to achieve an overall return of 4.07%