With a capital gain of 0.42% for the last 12 months, Gympie, 4570 has performed for property investments than its average annual 1.01% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gympie has fallen somewhat when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Gympie itself are offering an average vendor discount of -7.38% to real estate investors.
Using the current median advertised rental of $272.5 and the average annual increase in value of a median property of 1.01%, investors should hope to achieve an overall return of 5.88%
QLD has seen average median house prices change by 0.77% which means that Gympie, 4570 has done well for property investors by showing a capital gain of -15.04% over the last year
Comparing Gympie,4570 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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 Gympie, 4570. Typically our figures indicate that -5.64% is being offered, which puts this QLD suburb at 582th most discounted overall in Australia.
Gympie, 4570’s gross rental yield is 6.10%