Harristown, 4350 ranked 245th in QLD when comparing growth in median property values or capital gain over the last 12 months. Harristown is one of 2415 in our list for QLD
When looking at the potential capital gains offered to property investors over the last 3 years, Harristown comes in at number 646th in QLD.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Harristown, 4350. Typically our figures indicate that -8.31% is being offered, which puts this QLD suburb at 625th most discounted overall in Australia.
Situated 108.99km from the CBD, Harristown is one of Toowoomba (R) localities in the postcode 4350.
Giving property investors a an unimpressive capital gain of -4.02% for the last year, Harristown, 4350 is the 969th highest performer in Australia in this respect.
A 13.28% growth in median value for property investors in Harristown,4350 puts this suburb at number 48th in terms of best performing suburbs in QLD
Vendor discounting in Harristown is giving property investors an average Vendor Discount of around -5.38%. This puts suburb at number 153th in QLD when ranking the most discounted suburbs.
The QLD suburb of Harristown, 4350 is in the Toowoomba (R) local government area.
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Affordability draws investors
Median unit price: $305,000
Three-year growth: 39.0%
Rental yield: 4.7%
The suburb of Harristown is an accessible suburb just a stone’s throw from the Toowoomba CBD. Its affordability is making it quite a star among buyers.
Despite a price hike of 5.6% in the 12 months to August 2018, Harristown’s unit market reports a median value of just $305,000. The suburb has recorded an average annual growth rate of 6.6% over the last few years, with growth peaking in the past three years at 39%. Yields are reasonably high at an average of 4.7%
Harristown is the site of quite a few schools, including Harristown State School, Harristown State High School and two campuses of Concordia Lutheran College. There is a strong community feel in the suburb, which endears it to potential residents. Properties here are low priced, making them ideal for homebuyers on a budget.