If you compare the increase in value of investment property in Laidley Heights, 4341 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.58%.
Over the longer term, Laidley Heights has seen property prices show investors a 5.78% return over the last 3 years. This is worse than over the last 12 months
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 Laidley Heights, 4341. Typically our figures indicate that -5.41% is being offered, which puts this QLD suburb at 1959th most discounted overall in Australia.
Often selling an investment property can take time, and in Laidley Heights the average time real estate has been on the market is 110.56 days.
With a median price of less than $350,000, houses in Laidley Heights are quite inexpensive. This could account for the 16% growth reported in the past 12 months, and the 15.4% increase logged in the December 2016 quarter alone.Full summary
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Midpoint suburb recovers
Median house price: $335,000
Three-year growth: -10.67%
Rental yield: 4.81%
About 45 minutes west of Ipswich is the suburb of Laidley Heights. This suburb has been experiencing a resurgence following a slump three years ago.
With a median price of less than $350,000, houses in Laidley Heights are quite inexpensive. This could account for the 16% growth reported in the past 12 months, and the 15.4% increase logged in the December 2016 quarter alone. This seems like a good time to get into the market, especially with the average rental return of 4.8%. Vendors can also sell at discount rates of less than 5%.
Laidley Heights lies between Ipswich and Toowoomba, and directly to the east of this suburb is the town of Laidley, which is known for its beetroot production. Thus, residents have access to amenities such as the Laidley Golf Club. Various roads can take locals to the city, such as National Route 54.Close