If you compare the increase in value of investment property in Varsity Lakes, 4227 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 10.41%.
Across a shorter period, Varsity Lakes, 4227 has seen a median price increase of 0.70% over the last quarter.
At number 819th of QLD’s most discounted properties, Varsity Lakes is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Varsity Lakes have been waiting around 38.85 days to sell a property.
Varsity Lakes has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.03% to date .
Taking the average capital gain, or increase in median house value, Varsity Lakes,4227 has racked up an average of 2.03% over the period. This ranks it number 999th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.05% to buyers in Varsity Lakes at the moment, which is less than average for the rest of QLD.
Varsity Lakes is 119th on a list of best yielding suburbs for rents in QLD with a 5.76% return