If you compare the increase in value of investment property in Goombungee, 4354 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.00%.
Over the longer term, Goombungee has seen property prices show investors a 6.52% return over the last 3 years. This is worse than over the last 12 months
At number 73th of QLD’s most discounted properties, Goombungee is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 6.36%, investors should hope to achieve an overall return of 5.73%