With a capital gain of -1.19% for the last 12 months, Laidley Heights, 4341 has performed for property investments than its average annual 1.30% property growth over the last 5 years.
Laidley Heights,4341 has offered an average of -1.19% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Laidley Heights should be aiming for at least -6.04% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.
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Midpoint suburb recovers
Median house price: $335,000
Three-year growth: -10.67%
Rental yield: 4.81%
About 45 minutes west of Ipswich is the suburb of Laidley Heights. This suburb has been experiencing a resurgence following a slump three years ago.
With a median price of less than $350,000, houses in Laidley Heights are quite inexpensive. This could account for the 16% growth reported in the past 12 months, and the 15.4% increase logged in the December 2016 quarter alone. This seems like a good time to get into the market, especially with the average rental return of 4.8%. Vendors can also sell at discount rates of less than 5%.
Laidley Heights lies between Ipswich and Toowoomba, and directly to the east of this suburb is the town of Laidley, which is known for its beetroot production. Thus, residents have access to amenities such as the Laidley Golf Club. Various roads can take locals to the city, such as National Route 54.