At number 2372th in the list of Australian suburbs ordered by increase in median house value over the last year, Toowong, 4066 is in the BOTTOM 50% with a property value increase of 3.91% recorded in median house prices.
Over the longer term, Toowong has seen property prices show investors a 18.84% return over the last 3 years. This is worse than over the last 12 months
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 Toowong, 4066. Typically our figures indicate that -5.74% is being offered, which puts this QLD suburb at 1917th most discounted overall in Australia.
Renters in Suburb are facing rents around $6480 per annum or $540 every week.
Investment property in Toowong 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 -0.65%
When looking at the potential capital gains offered to property investors over the last 3 years, Toowong comes in at number 300th in QLD.
LACK OF BUYER INTEREST may well be the reason that Toowong is offering property investors an average of -6.15. This rate of discount on properties puts Suburb at number 126th in terms of most discounted suburbs in QLD
With the median price for a house in Toowong being $460000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.52%