QLD has seen average median house prices change by 3.51% which means that Toowong, 4066 has done well for property investors by showing a capital gain of 12.81% over the last year
Toowong,4066 was ranked 644 in Australia by increase in median property value over the quarter.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.18% offered to property buyers. Sellers in Toowong itself are offering an average vendor discount of -4.18% to real estate investors.
Often selling an investment property can take time, and in Toowong the average time real estate has been on the market is 53.6531 days.
Property investors should expect to get $545 weekly from the median priced house in this suburb.
Property value increases in Toowong have tracked just higher than the QLD average of 1.55% over the last 12 months.
Over the longer term, Toowong has seen property prices show investors a -0.28% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Toowong is offering property investors an average of -4.85. This rate of discount on properties puts Suburb at number 102th in terms of most discounted suburbs in QLD
Situated 4.11km from the CBD, Toowong is one of Brisbane (C) localities in the postcode 4066.