Property value increases in Lutwyche have tracked close to the QLD average of 2.82% over the last 12 months.
Over the longer term, Lutwyche has seen property prices show investors a 17.56% return over the last 3 years. This is worse than over the last 12 months
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Using the current median advertised rental of $462.5 and the average annual increase in value of a median property of 4.07%, investors should hope to achieve an overall return of 3.12%
Property investors who have had real estate in Lutwyche, 4030 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.39%
Comparing Lutwyche,4030 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
On average over the past year, suburb has had 11.58 sales per month, which equates to 139 per year.
With the median price for a house in Lutwyche being $470000 and the advertised rent reaching $392.5 the gross rental yield for property investors calculates out to be 4.34%