If you compare the increase in value of investment property in Gaythorne, 4051 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -3.64%.
The five-year average increase in median property values for Gaythorne,4051 has given property investors a potential capital gain of 30.80% across each of those five years.
Property investors looking for a bargain in Gaythorne should be aiming for at least -2.32% off the asking price, which is the average vendor discount being achieved at the moment.
At number 563 in a list of fastest selling suburbs, Gaythorne is in the TOP 20% of suburbs in Australia with an average of days on market 49.46 for properties listed there.
A $429 per week rent on the median house gives suburb investors a gross yield of circa 3.51%, without taking into account capital value appreciation, which has been averaging out at 6.15%.
With a capital gain of 1.14% for the last 12 months, Gaythorne, 4051 has performed for property investments than its average annual 6.64% property growth over the last 5 years.
Across a shorter period, Gaythorne, 4051 has seen a median price increase of -3.05% over the last quarter.
At number 212th of QLD’s most discounted properties, Gaythorne is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 6.64%, investors should hope to achieve an overall return of 4.50%