With a capital gain of 8.33% for the last 12 months, Taringa, 4068 has performed for property investments than its average annual 5.28% property growth over the last 5 years.
Over the longer term, Taringa has seen property prices show investors a 21.66% return over the last 3 years. This is worse than over the last 12 months
Taringa, 4068 is offering QLD ‘s 409th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 2.86%, without taking into account capital value appreciation, which has been averaging out at 5.28%.
Taringa, 4068 ranked 259th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Taringa has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.57% to buyers in Taringa at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 15.33 sales per month, which equates to 184 per year.
Taringa, 4068’s gross rental yield is 4.77%