Investment property in Drayton has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.58%
Taking the average capital gain, or increase in median house value, Drayton,4350 has racked up an average of 4.58% over the period. This ranks it number 2789th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Drayton is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 257th in terms of most discounted suburbs in QLD
At number 2427 in a list of fastest selling suburbs, Drayton is in the bottom 40% of suburbs in Australia with an average of days on market 94.76 for properties listed there.
With the median price for a house in Drayton being $365000 and the advertised rent reaching $334.5 the gross rental yield for property investors calculates out to be 4.77%
Drayton is in the bottom 10% in QLD when comparing median price capital growth over the last year. Drayton gave property investors a dismal capital gain figure when compared to the rest of the state, with -15.00%.
If we look at median property appreciation over just the last three months, Drayton has given property investors a paper return of 0.99%. This puts Suburb as 120 on a list of fastest fasting appreciating suburbs in QLD
Situated 79.77km from the CBD, Drayton is one of Toowoomba localities in the postcode 4350.