Investment property in Toowong has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.60%
Toowong,4066 was ranked 850 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Toowong should be aiming for at least -7.61% off the asking price, which is the average vendor discount being achieved at the moment.
Toowong, 4066’s gross rental yield is 3.18%
Investment property in Toowong 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 0.47%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Toowong has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Toowong is offering property investors an average of -6.32. This rate of discount on properties puts Suburb at number 171th in terms of most discounted suburbs in QLD