Over the last year, property investments in Varsity Lakes, 4227 have given investors a capital gain of 9.54%. This compares very favourably with the 2.39% for QLD as a whole.
While Varsity Lakes,4227 ranked number 467th in QLD for increase in median house value (annualised) increase, it is ranked 43th over the last 5 years.
Varsity Lakes, 4227 is offering QLD ‘s 805th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
If you compare the increase in value of investment property in Varsity Lakes, 4227 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.09%.
While Varsity Lakes,4227 ranked number 166th in QLD for increase in median house value (annualised) increase, it is ranked 121th over the last 5 years.
The most recent median price for Varsity Lakes is $415500, with sellers offering an average of -4.83% off the asking price.
Varsity Lakes, 4227’s gross rental yield is 5.76%