At number 3842th in the list of Australian suburbs ordered by increase in median house value over the last year, Belgian Gardens, 4810 is in the BOTTOM 10% with a property value increase of -10.81% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Belgian Gardens 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 Belgian Gardens itself are offering an average vendor discount of -11.39% to real estate investors.
In the last year 22 properties changed hands in Belgian Gardens, which puts it as the 675th most active market in QLD when comparing the number of sales per suburb.
Belgian Gardens is 457th on a list of best yielding suburbs for rents in QLD with a 4.56% return
If you compare the increase in value of investment property in Belgian Gardens, 4810 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 12.88%.
While Belgian Gardens,4810 ranked number 52th in QLD for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.
Situated 1110.81km from the CBD, Belgian Gardens is one of Townsville localities in the postcode 4810.