At number 2179th in the list of Australian suburbs ordered by increase in median house value over the last year, South Toowoomba, 4350 is in the BOTTOM 50% with a property value increase of 4.08% recorded in median house prices.
While South Toowoomba,4350 ranked number 269th in QLD for increase in median house value (annualised) increase, it is ranked 116th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that South Toowoomba is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 618th in terms of most discounted suburbs in QLD
With the median price for a house in South Toowoomba being $344750 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 4.45%
Investment property in South Toowoomba 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 2.38%
South Toowoomba,4350 has offered an average of 2.38% return per annum in house price rises to property investors over the last three years.
South Toowoomba, 4350 is offering QLD ‘s 89th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
In the last year 48 properties changed hands in South Toowoomba, which puts it as the 182th most active market in QLD when comparing the number of sales per suburb.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 4.43%, without taking into account capital value appreciation, which has been averaging out at 6.72%.