At number 3627th in the list of Australian suburbs ordered by increase in median house value over the last year, South Townsville, 4810 is in the BOTTOM 20% with a property value increase of -6.43% recorded in median house prices.
Over the longer term, South Townsville has seen property prices show investors a -5.76% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -8.46% to buyers in South Townsville at the moment, which is less than average for the rest of QLD.
South Townsville is 294th on a list of best yielding suburbs for rents in QLD with a 4.92% return
South Townsville is in the bottom 10% in QLD when comparing median price capital growth over the last year. South Townsville gave property investors a dismal capital gain figure when compared to the rest of the state, with -17.51%.
When looking at the potential capital gains offered to property investors over the last 3 years, South Townsville comes in at number 343th in QLD.
Sellers are offering property buyers an average discount of -5.15% to buyers in South Townsville at the moment, which is less than average for the rest of QLD.
With the median price for a house in South Townsville being $317600 and the advertised rent reaching $337.5 the gross rental yield for property investors calculates out to be 5.53%