With a capital gain of 0.08% for the last 12 months, The Gap, 4061 has performed for property investments than its average annual 4.75% property growth over the last 5 years.
Over the longer term, The Gap has seen property prices show investors a 11.28% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in The Gap is giving property investors an average Vendor Discount of around -6.08%. This puts suburb at number 461th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 4.75%, investors should hope to achieve an overall return of 4.30%
Property investors who have had real estate in The Gap, 4061 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.11%
Over the longer term, The Gap has seen property prices show investors a 8.37% return over the last 3 years. This is worse than over the last 12 months
The Gap4061 is located in QLD which offers an average discount of -5.97% to property investors. The Gap itself is showing figures that indicate -3.80% is the average achievable by property buyers investing in the suburb.
Residents and property investors in The Gap have been waiting around 80.88 days to sell a property.
With the median price for a house in The Gap being $471400 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 5.52%