If you compare the increase in value of investment property in Victoria Point, 4165 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.48%.
Taking the average capital gain, or increase in median house value, Victoria Point,4165 has racked up an average of 0.48% over the period. This ranks it number 2585th in the whole country for real estate investors looking at median house price increases.
Victoria Point4165 is located in QLD which offers an average discount of -7.21% to property investors. Victoria Point itself is showing figures that indicate -4.78% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $460 mark per week – giving a return of 4.62% based on the median price in Suburb
Victoria Point, 4165 ranked 294th in QLD when comparing growth in median property values or capital gain over the last 12 months. Victoria Point is one of 2415 in our list for QLD
Across a shorter period, Victoria Point, 4165 has seen a median price increase of -6.94% over the last quarter.
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 Victoria Point, 4165. Typically our figures indicate that -2.69% is being offered, which puts this QLD suburb at 1359th most discounted overall in Australia.
At number 631 in a list of fastest selling suburbs, Victoria Point is just in the top half of suburbs in Australia with an average of days on market 70.56 for properties listed there.
With the median price for a house in Victoria Point being $335000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 6.13%