Property investors who have had real estate in Taringa, 4068 should be relatively pleased 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 6.74%
Taking the average capital gain, or increase in median house value, Taringa,4068 has racked up an average of 6.74% over the period. This ranks it number 1463th in the whole country for real estate investors looking at median house price increases.
Taringa4068 is located in QLD which offers an average discount of -7.24% to property investors. Taringa itself is showing figures that indicate -8.72% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Taringa being $950000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 2.68%
Taringa, 4068 ranked 296th in QLD when comparing growth in median property values or capital gain over the last 12 months. Taringa is one of 2415 in our list for QLD
A 5.06% growth in median value for property investors in Taringa,4068 puts this suburb at number 150th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Taringa should be aiming for at least -7.28% off the asking price, which is the average vendor discount being achieved at the moment.
Taringa, 4068’s gross rental yield is 4.76%