Varsity Lakes, 4227 ranked 422th in QLD when comparing growth in median property values or capital gain over the last 12 months. Varsity Lakes is one of 2415 in our list for QLD
While Varsity Lakes,4227 ranked number 348th in QLD for increase in median house value (annualised) increase, it is ranked 220th over the last 5 years.
At number 638th of QLD’s most discounted properties, Varsity Lakes is in the TOP 20% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Varsity Lakes being $615000 and the advertised rent reaching $577.5 the gross rental yield for property investors calculates out to be 4.88%
Property investors who have had real estate in Varsity Lakes, 4227 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.39%
Varsity Lakes,4227 has offered an average of 2.39% return per annum in house price rises to property investors over the last three years.
Varsity Lakes4227 is located in QLD which offers an average discount of -6.19% to property investors. Varsity Lakes itself is showing figures that indicate -5.03% is the average achievable by property buyers investing in the suburb.
At number 532 in a list of fastest selling suburbs, Varsity Lakes is in the TOP 40% of suburbs in Australia with an average of days on market 71.6172 for properties listed there.
Property investors should expect to get $470 weekly from the median priced house in this suburb.