Varsity Lakes, 4227 ranked 140th 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
Over the longer term, Varsity Lakes has seen property prices show investors a 29.79% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Varsity Lakes is giving property investors an average Vendor Discount of around -3.30%. This puts suburb at number 817th in QLD when ranking the most discounted suburbs.
In the last year 141 properties changed hands in Varsity Lakes, which puts it as the 138th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
Over the last year, property investments in Varsity Lakes, 4227 have given investors a capital gain of 3.75%. This compares favourably with the 0.65% for QLD as a whole.
Comparing Varsity Lakes,4227 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 228th of QLD’s most discounted properties, Varsity Lakes is in the TOP 30% of the state/territory when listing in order of most discounted to least.
At number 582 in a list of fastest selling suburbs, Varsity Lakes is in the TOP 40% of suburbs in Australia with an average of days on market 68.6 for properties listed there.
Varsity Lakes, 4227’s gross rental yield is 5.76%