At number 2421th in the list of Australian suburbs ordered by increase in median house value over the last year, Toowong, 4066 is in the BOTTOM 50% with a property value increase of 3.03% recorded in median house prices.
A 28.01% growth in median value for property investors in Toowong,4066 puts this suburb at number 586th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Toowong is offering property investors an average of -6.61. This rate of discount on properties puts Suburb at number 421th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Toowong the average time real estate has been on the market is 60.12 days.
With the median price for a house in Toowong being $850000 and the advertised rent reaching $525 the gross rental yield for property investors calculates out to be 3.21%
QLD has seen average median house prices change by 0.74% which means that Toowong, 4066 has done well for property investors by showing a capital gain of -4.58% over the last year
The five-year average increase in median property values for Toowong,4066 has given property investors a potential capital gain of 0.69% across each of those five years.
Vendor discounting in Toowong is giving property investors an average Vendor Discount of around -7.08%. This puts suburb at number 62th in QLD when ranking the most discounted suburbs.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 0.91%.