Investment property in Varsity Lakes has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.64%
Varsity Lakes,4227 has offered an average of 8.64% return per annum in house price rises to property investors over the last three years.
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 Varsity Lakes, 4227. Typically our figures indicate that -4.59% is being offered, which puts this QLD suburb at 2863th most discounted overall in Australia.
In the last year 150 properties changed hands in Varsity Lakes, which puts it as the 112th most active market in QLD when comparing the number of sales per suburb.
Varsity Lakes is 406th on a list of best yielding suburbs for rents in QLD with a 4.70% return
Varsity Lakes, 4227 ranked 156th in QLD when comparing growth in median property values or capital gain over the last 12 months. Varsity Lakes 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 Varsity Lakes has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.30% to buyers in Varsity Lakes at the moment, which is less than average for the rest of QLD.
Situated 77.85km from the CBD, Varsity Lakes is one of Gold Coast localities in the postcode 4227.