Property value increases in Tivoli have tracked lower than the QLD average of 0.78% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tivoli has increased when compared to the 5 year average annual rate.
The most recent median price for Tivoli is $272000, with sellers offering an average of -8.48% off the asking price.
In the last year 20 properties changed hands in Tivoli, which puts it as the 678th most active market in QLD when comparing the number of sales per suburb.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.35%, without taking into account capital value appreciation, which has been averaging out at 0.59%.
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Drive-in cinema site on a consistent rise
Median house price: $271,250
Three-year growth: 8.5%
Rental yield: 5.7%
Known for housing one of the few drive-in cinemas in Queensland, Tivoli is a well-located suburb only 3km from Ipswich and about an hour from Brisbane.
Tivoli is bounded in the north by the Warrego Highway, with the Bremer River in the south. Racing events are held on the Queensland Raceway. Tivoli State School has been established here, and nearby Ipswich contains St Joseph’s Primary School, North Ipswich State School, Ipswich Grammar School, which was the first high school in the state, and the University of Southern Queensland.
Houses are reasonably priced at a median value of under $280,000 following 8.5% growth in the November 2017 quarter. This growth has been steady for the past five years. Moreover, rental returns are strong at an average of 5.7%.