Property investors who have had real estate in East Toowoomba, 4350 should be ok 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 14.43%
East Toowoomba,4350 was ranked 3867 in Australia by increase in median property value over the quarter.
The most recent median price for East Toowoomba is $580000, with sellers offering an average of -3.74% off the asking price.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.59%, without taking into account capital value appreciation, which has been averaging out at 4.28%.
QLD has seen average median house prices change by 8.71% which means that East Toowoomba, 4350 has done well for property investors by showing a capital gain of 2.78% over the last year
East Toowoomba,4350 has offered an average of 2.78% return per annum in house price rises to property investors over the last three years.
Vendor discounting in East Toowoomba is giving property investors an average Vendor Discount of around -2.90%. This puts suburb at number 227th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $290 and the average annual increase in value of a median property of 5.68%, investors should hope to achieve an overall return of 4.30%