Giving property investors a an unimpressive capital gain of -2.66% for the last year, Harristown, 4350 is the 3207th highest performer in Australia in this respect.
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 -6.83% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 12.17 sales per month, which equates to 146 per year.
Advertised rents are around the $300 mark per week – giving a return of 5.01% based on the median price in Suburb
At number 60th in the list of Australian suburbs ordered by increase in median house value over the last year, Harristown, 4350 is in the top 10% with a property value increase of 23.66% recorded in median house prices.
Across a shorter period, Harristown, 4350 has seen a median price increase of 0.44% over the last quarter.
Property buyers and investors in Harristown 4350 should be seeing an average reduction in asking price of around -9.80% . This means that Harristown is holding prices well when compared to other suburbs in QLD.