If you compare the increase in value of investment property in Taroomball, 4703 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 -1.14%.
If we look at median property appreciation over just the last three months, Taroomball has given property investors a paper return of 8.75%. This puts Suburb as 38 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Taroomball is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 122th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Taroomball the average time real estate has been on the market is 145 days.
Advertised rents are around the $400 mark per week – giving a return of 4.78% based on the median price in Suburb