Over the last year, property investments in Townsville City, 4810 have given investors a capital gain of -18.60%. This compares very badly with the 1.12% for QLD as a whole.
Across a shorter period, Townsville City, 4810 has seen a median price increase of 0.00% over the last quarter.
Our latest figures would indicate that property sellers in Townsville City are currently offering property investors an average price cut of -7.65% below the asking price at the moment.
In the last year 69 properties changed hands in Townsville City, which puts it as the 142th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Townsville City being $350000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 5.35%