Giving property investors a a stable capital gain of 9.14% for the last year, Townsville City, 4810 is the 497th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Townsville City has increased when compared to the 5 year average annual rate.
Property buyers and investors in Townsville City 4810 should be seeing an average reduction in asking price of around -7.26% . This means that Townsville City is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 1.36%, investors should hope to achieve an overall return of 4.75%