Giving property investors a an average capital gain of 3.60% for the last year, Varsity Lakes, 4227 is the 2382th highest performer in Australia in this respect.
Varsity Lakes,4227 was ranked 1990 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Varsity Lakes is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 682th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Varsity Lakes the average time real estate has been on the market is 41.99 days.
Varsity Lakes is 326th on a list of best yielding suburbs for rents in QLD with a 4.91% return
With a capital gain of 3.25% for the last 12 months, Varsity Lakes, 4227 has performed for property investments than its average annual 1.54% property growth over the last 5 years.
A 7.22% growth in median value for property investors in Varsity Lakes,4227 puts this suburb at number 147th in terms of best performing suburbs in QLD
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 -4.45% is being offered, which puts this QLD suburb at 933th most discounted overall in Australia.
Often selling an investment property can take time, and in Varsity Lakes the average time real estate has been on the market is 69.03 days.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 5.71%, without taking into account capital value appreciation, which has been averaging out at 1.54%.