Investment property in The Gap has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.35%
While The Gap,4061 ranked number 262th in QLD for increase in median house value (annualised) increase, it is ranked 136th over the last 5 years.
The most recent median price for The Gap is $720000, with sellers offering an average of -4.46% off the asking price.
The Gap is 618th on a list of best yielding suburbs for rents in QLD with a 3.97% return
QLD has seen average median house prices change by -0.57% which means that The Gap, 4061 has not done well for property investors by showing a capital gain of -4.20% over the last year
Taking the average capital gain, or increase in median house value, The Gap,4061 has racked up an average of -4.20% over the period. This ranks it number 733th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $465 and the average annual increase in value of a median property of 1.99%, investors should hope to achieve an overall return of 4.99%