Investment property in Centenary Heights 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 -1.25%
The five-year average increase in median property values for Centenary Heights,4350 has given property investors a potential capital gain of 0.14% across each of those five years.
Vendor discounting in Centenary Heights is giving property investors an average Vendor Discount of around -4.42%. This puts suburb at number 659th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Centenary Heights the average time real estate has been on the market is 53.172 days.
Situated 105.92km from the CBD, Centenary Heights is one of Toowoomba (R) localities in the postcode 4350.
Investment property in Centenary Heights has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.94%
Centenary Heights,4350 has offered an average of 8.94% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Centenary Heights are currently offering property investors an average price cut of -7.27% below the asking price at the moment.
With the median price for a house in Centenary Heights being $339900 and the advertised rent reaching $282.5 the gross rental yield for property investors calculates out to be 4.32%
Information supplied by:
Centenary Heights, QLD – Low-priced units coupled with reasonable growth
Median unit price: $339,000
Three-year growth: 0.6%
Rental yield: 4.6%
A mere 4km from the Toowoomba CBD, the suburb of Centenary Heights was once part of Middle Ridge. Today, it has many parks and camping grounds that are enjoyed by visitors and residents alike.
Centenary Heights State High School opened here in 1968 and is regarded as one of the top schools in the Sunshine State. Students are quite active in sports, and the suburb offers excellent facilities. There are also recreational and barbecue areas in Emmerson Park. The Grand Central Shopping Centre in nearby Toowoomba houses a Coles supermarket and a Target store, as well as the only Myer store in the district. Units are quite affordable at a median price of just $339,000.