Investment property in Varsity Lakes has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.17%
Taking the average capital gain, or increase in median house value, Varsity Lakes,4227 has racked up an average of -0.17% over the period. This ranks it number 2414th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Varsity Lakes are currently offering property investors an average price cut of -4.51% below the asking price at the moment.
Situated 78.59km from the CBD, Varsity Lakes is one of Gold Coast (C) localities in the postcode 4227.
QLD has seen average median house prices change by -0.57% which means that Varsity Lakes, 4227 has not done well for property investors by showing a capital gain of 2.05% over the last year
The five-year average increase in median property values for Varsity Lakes,4227 has given property investors a potential capital gain of 8.59% across each of those five years.
Vendor discounting in Varsity Lakes is giving property investors an average Vendor Discount of around -5.61%. This puts suburb at number 145th in QLD when ranking the most discounted suburbs.