QLD has seen average median house prices change by 2.06% which means that Garbutt, 4814 has done well for property investors by showing a capital gain of -3.85% over the last year
Over the longer term, Garbutt has seen property prices show investors a -12.67% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Garbutt is giving property investors an average Vendor Discount of around -10.15%. This puts suburb at number 130th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.25 sales per month, which equates to 27 per year.
With the median price for a house in Garbutt being $262000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.56%
Garbutt has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -34.75% to date .
Garbutt,4814 was ranked 1676 in Australia by increase in median property value over the quarter.
With the median price for a house in Garbutt being $192500 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 6.75%