Property value increases in Thuringowa Central have tracked higher than the QLD average of 2.19% over the last 12 months.
Thuringowa Central,4817 has offered an average of 13.00% return per annum in house price rises to property investors over the last three years.
The most recent median price for Thuringowa Central is $282500, with sellers offering an average of -5.75% off the asking price.
In far-north Queensland, the suburb of Thuringowa Central is embarking on a journey of significant growthFull summary
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Affordability attracts buyers
Median house price: $320,000
Three-year growth: 2.4%
Rental yield: 4.9%
In far-north Queensland, the suburb of Thuringowa Central is embarking on a journey of significant growth.
In the year leading up to April 2018, the housing market recorded a jump of 16.4% in prices. Over the April 2018 quarter alone, values increased by a further 17.6%. Nonetheless, houses remain very affordable at a median value of $320,000. Investors can gain a high average return of 4.9%; coupled with the area’s affordability, this could be why such properties spend an average of only 39 days on the market.
Thuringowa Central is shaped like an inverted T. The commercial area lies in the heart of the suburb, with the banks of the Ross River serving as a spot for recreation. The suburb is served by Willows Shopping Centre and the local library, which was recently refurbished.Close