Over the last year, property investments in South Townsville, 4810 have given investors a capital gain of -6.43%. This compares very badly with the 1.88% for QLD as a whole.
Across a shorter period, South Townsville, 4810 has seen a median price increase of 0.46% over the last quarter.
The most recent median price for South Townsville is $327500, with sellers offering an average of -8.94% off the asking price.
Property investors should expect to get $310 weekly from the median priced house in this suburb.
At number 1742th in the list of Australian suburbs ordered by increase in median house value over the last year, South Townsville, 4810 is in the BOTTOM 10% with a property value increase of -33.28% recorded in median house prices.
Across a shorter period, South Townsville, 4810 has seen a median price increase of -6.59% over the last quarter.
The most recent median price for South Townsville is $317600, with sellers offering an average of -5.15% off the asking price.
On average over the past year, suburb has had 2.00 sales per month, which equates to 24 per year.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.61%, investors should hope to achieve an overall return of 5.40%