If you compare the increase in value of investment property in Gympie, 4570 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.58%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gympie has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -7.13% to buyers in Gympie at the moment, which is less than average for the rest of QLD.
Advertised rents are around the $280 mark per week – giving a return of 5.80% based on the median price in Suburb
QLD has seen average median house prices change by 0.15% which means that Gympie, 4570 has done well for property investors by showing a capital gain of 2.37% over the last year
Taking the average capital gain, or increase in median house value, Gympie,4570 has racked up an average of 2.37% over the period. This ranks it number 1510th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Gympie are currently offering property investors an average price cut of -4.30% below the asking price at the moment.
Often selling an investment property can take time, and in Gympie the average time real estate has been on the market is 77.1 days.
Using the current median advertised rental of $260 and the average annual increase in value of a median property of -0.71%, investors should hope to achieve an overall return of 5.69%