Victoria Point is an average performer in QLD when comparing median price capital growth over the last year. Victoria Point gave property investors a average capital gain figure when compared to the rest of the state, with 0.22%.
Over the longer term, Victoria Point has seen property prices show investors a 0.29% return over the last 3 years. This is worse than over the last 12 months
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Victoria Point itself are offering an average vendor discount of -6.06% to real estate investors.
Advertised rents are around the $480 mark per week – giving a return of 4.79% based on the median price in Suburb
Victoria Point is in the bottom 20% in QLD when comparing median price capital growth over the last year. Victoria Point gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.13%.
Over the longer term, Victoria Point has seen property prices show investors a -5.86% return over the last 3 years. This is worse than over the last 12 months
A $400 per week rent on the median house gives suburb investors a gross yield of circa 6.31%, without taking into account capital value appreciation, which has been averaging out at 0.30%.