Lutwyche has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.08% to date .
If we look at median property appreciation over just the last three months, Lutwyche has given property investors a paper return of 1.38%. This puts Suburb as 323 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Lutwyche should be aiming for at least -5.19% off the asking price, which is the average vendor discount being achieved at the moment.
Lutwyche, 4030’s gross rental yield is 3.31%
QLD has seen average median house prices change by 0.65% which means that Lutwyche, 4030 has done well for property investors by showing a capital gain of -0.31% over the last year
While Lutwyche,4030 ranked number 212th in QLD for increase in median house value (annualised) increase, it is ranked 22th over the last 5 years.
Our latest figures would indicate that property sellers in Lutwyche are currently offering property investors an average price cut of -6.51% below the asking price at the moment.
On average over the past year, suburb has had 14.92 sales per month, which equates to 179 per year.
Property investors should expect to get $395 weekly from the median priced house in this suburb.