Investment property in Harristown has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.26%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Harristown has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Harristown should be aiming for at least -7.04% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 105.51km from the CBD, Harristown is one of Toowoomba localities in the postcode 4350.
QLD has seen average median house prices change by 0.98% which means that Harristown, 4350 has done well for property investors by showing a capital gain of 27.02% over the last year
Across a shorter period, Harristown, 4350 has seen a median price increase of 2.11% over the last quarter.
Sellers are offering property buyers an average discount of -10.05% to buyers in Harristown at the moment, which is less than average for the rest of QLD.
Residents and property investors in Harristown have been waiting around 101.66 days to sell a property.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 4.40%, investors should hope to achieve an overall return of 4.86%