If you compare the increase in value of investment property in Goombungee, 4354 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 10.00%.
While Goombungee,4354 ranked number 28th in QLD for increase in median house value (annualised) increase, it is ranked 451th over the last 5 years.
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 Goombungee, 4354. Typically our figures indicate that -7.49% is being offered, which puts this QLD suburb at 1031th most discounted overall in Australia.
Advertised rents are around the $270 mark per week – giving a return of 5.11% based on the median price in Suburb