Varsity Lakes, 4227 ranked 372th 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
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Varsity Lakes has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Varsity Lakes is offering property investors an average of -5.18. This rate of discount on properties puts Suburb at number 581th in terms of most discounted suburbs in QLD
At number 497 in a list of fastest selling suburbs, Varsity Lakes is in the TOP 20% of suburbs in Australia with an average of days on market 45.3077 for properties listed there.
Over the last year, property investments in Varsity Lakes, 4227 have given investors a capital gain of 1.95%. This compares averagely with the 1.55% for QLD as a whole.
The five-year average increase in median property values for Varsity Lakes,4227 has given property investors a potential capital gain of 8.99% across each of those five years.
At number 163th of QLD’s most discounted properties, Varsity Lakes is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Varsity Lakes is 160th on a list of best yielding suburbs for rents in QLD with a 5.68% return