Toowong has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.36% to date .
Over the longer term, Toowong has seen property prices show investors a 23.70% return over the last 3 years. This is worse than over the last 12 months
Toowong4066 is located in QLD which offers an average discount of -6.98% to property investors. Toowong itself is showing figures that indicate -4.96% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 7.67 sales per month, which equates to 92 per year.
Toowong, 4066’s gross rental yield is 3.36%
Property value increases in Toowong have tracked just lower than the QLD average of 0.15% over the last 12 months.
While Toowong,4066 ranked number 255th in QLD for increase in median house value (annualised) increase, it is ranked 210th over the last 5 years.
Property buyers and investors in Toowong 4066 should be seeing an average reduction in asking price of around -6.31% . This means that Toowong is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 3.10%, investors should hope to achieve an overall return of 4.59%