Property value increases in Fitzgibbon have tracked close to the QLD average of 2.98% over the last 12 months.
Comparing Fitzgibbon,4018 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Fitzgibbon itself are offering an average vendor discount of -3.47% to real estate investors.
Often selling an investment property can take time, and in Fitzgibbon the average time real estate has been on the market is 43.43 days.
Renters in Suburb are facing rents around $4980 per annum or $415 every week.
If you compare the increase in value of investment property in Fitzgibbon, 4018 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.28%.
While Fitzgibbon,4018 ranked number 287th in QLD for increase in median house value (annualised) increase, it is ranked 188th over the last 5 years.
At number 124th of QLD’s most discounted properties, Fitzgibbon is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Fitzgibbon have been waiting around 65.71 days to sell a property.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.07%, without taking into account capital value appreciation, which has been averaging out at 2.28%.