QLD has seen average median house prices change by 12.16% which means that Toowong, 4066 has done well for property investors by showing a capital gain of 15.30% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Toowong has increased when compared to the 5 year average annual rate.
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 -6.67% is being offered, which puts this QLD suburb at 290th most discounted overall in Australia.
In the last year 103 properties changed hands in Toowong, which puts it as the 334th most active market in QLD when comparing the number of sales per suburb.
With a capital gain of 5.12% for the last 12 months, Toowong, 4066 has performed for property investments than its average annual 1.14% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Toowong comes in at number 166th in QLD.
Property investors looking for a bargain in Toowong should be aiming for at least -3.44% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 18.00 sales per month, which equates to 216 per year.
Toowong is 300th on a list of best yielding suburbs for rents in QLD with a 4.60% return