Property investors who have had real estate in The Gap, 4061 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.37%
If we look at median property appreciation over just the last three months, The Gap has given property investors a paper return of 2.33%. This puts Suburb as 221 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in The Gap, 4061. Typically our figures indicate that -5.26% is being offered, which puts this QLD suburb at 2322th most discounted overall in Australia.
Often selling an investment property can take time, and in The Gap the average time real estate has been on the market is 56.46 days.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 4.10%, without taking into account capital value appreciation, which has been averaging out at 4.80%.
The Gap, 4061 ranked 266th in QLD when comparing growth in median property values or capital gain over the last 12 months. The Gap is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, The Gap,4061 has racked up an average of -3.97% over the period. This ranks it number 1298th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -4.47% to buyers in The Gap at the moment, which is less than average for the rest of QLD.
At number 502 in a list of fastest selling suburbs, The Gap is in the TOP 40% of suburbs in Australia with an average of days on market 65.16 for properties listed there.
Advertised rents are around the $510 mark per week – giving a return of 5.80% based on the median price in Suburb