Property value increases in Tolga have tracked higher than the QLD average of 2.44% over the last 12 months.
If we look at median property appreciation over just the last three months, Tolga has given property investors a paper return of 5.32%. This puts Suburb as 76 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Tolga is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 240th in terms of most discounted suburbs in QLD
In the last year 41 properties changed hands in Tolga, which puts it as the 510th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $345 and the average annual increase in value of a median property of 2.69%, investors should hope to achieve an overall return of 4.31%