Property value increases in South Townsville have tracked just lower than the QLD average of 2.39% over the last 12 months.
A 6.38% growth in median value for property investors in South Townsville,4810 puts this suburb at number 378th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -8.51% to buyers in South Townsville at the moment, which is less than average for the rest of QLD.
In the last year 30 properties changed hands in South Townsville, which puts it as the 587th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of South Townsville, 4810 is in the Townsville local government area.
South Townsville is in the TOP 30% in QLD when comparing median price capital growth over the last year. South Townsville gave property investors a good capital gain figure when compared to the rest of the state, with 8.10%.
The five-year average increase in median property values for South Townsville,4810 has given property investors a potential capital gain of -8.43% across each of those five years.
Property buyers and investors in South Townsville 4810 should be seeing an average reduction in asking price of around -5.31% . This means that South Townsville is holding prices well when compared to other suburbs in QLD.
With the median price for a house in South Townsville being $335100 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.12%