Harristown, 4350 ranked 778th 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
Across a shorter period, Harristown, 4350 has seen a median price increase of -0.98% over the last quarter.
Vendor discounting in Harristown is giving property investors an average Vendor Discount of around -8.07%. This puts suburb at number 315th in QLD when ranking the most discounted suburbs.
Residents and property investors in Harristown have been waiting around 84.02 days to sell a property.
Harristown is 176th on a list of best yielding suburbs for rents in QLD with a 5.68% return
If you compare the increase in value of investment property in Harristown, 4350 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 3.45%.
Comparing Harristown,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Harristown are currently offering property investors an average price cut of -4.25% below the asking price at the moment.
Situated 108.98km from the CBD, Harristown is one of Toowoomba (R) localities in the postcode 4350.
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 buyersFull summary
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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.Close