Property investors who have had real estate in Harristown, 4350 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.56%
Comparing Harristown,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Harristown, 4350. Typically our figures indicate that -6.77% is being offered, which puts this QLD suburb at 1310th most discounted overall in Australia.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 3.37%, investors should hope to achieve an overall return of 4.95%
At number 758th in the list of Australian suburbs ordered by increase in median house value over the last year, Harristown, 4350 is in the top half with a property value increase of 4.02% recorded in median house prices.
A 45.63% growth in median value for property investors in Harristown,4350 puts this suburb at number 305th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -9.52% to buyers in Harristown at the moment, which is less than average for the rest of QLD.
Often selling an investment property can take time, and in Harristown the average time real estate has been on the market is 109.92 days.
With the median price for a house in Harristown being $291250 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.00%