Property value increases in Toowong have tracked close to the QLD average of 6.72% over the last 12 months.
The five-year average increase in median property values for Toowong,4066 has given property investors a potential capital gain of 31.70% across each of those five years.
Property investors looking for a bargain in Toowong should be aiming for at least -6.60% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 91 properties changed hands in Toowong, which puts it as the 296th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $590 and the average annual increase in value of a median property of 3.40%, investors should hope to achieve an overall return of 3.16%
Giving property investors a an unimpressive capital gain of 1.73% for the last year, Toowong, 4066 is the 992th highest performer in Australia in this respect.
Comparing Toowong,4066 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Vendor discounting in Toowong is giving property investors an average Vendor Discount of around -3.72%. This puts suburb at number 173th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 12.67 sales per month, which equates to 152 per year.
Advertised rents are around the $400 mark per week – giving a return of 4.73% based on the median price in Suburb