Investment property in Toowong has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.07%
When looking at the potential capital gains offered to property investors over the last 3 years, Toowong comes in at number 437th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.68% offered to property buyers. Sellers in Toowong itself are offering an average vendor discount of -7.35% to real estate investors.
Toowong is 675th on a list of best yielding suburbs for rents in QLD with a 3.33% return
Property investors who have had real estate in Toowong, 4066 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.37%
The five-year average increase in median property values for Toowong,4066 has given property investors a potential capital gain of 5.68% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Toowong, 4066. Typically our figures indicate that -6.60% is being offered, which puts this QLD suburb at 370th most discounted overall in Australia.
Residents and property investors in Toowong have been waiting around 78.27 days to sell a property.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 1.35%.