Property value increases in South Toowoomba have tracked close to 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 South Toowoomba has increased when compared to the 5 year average annual rate.
South Toowoomba, 4350 is offering QLD ‘s 498th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.04%, without taking into account capital value appreciation, which has been averaging out at 2.96%.
Property investors who have had real estate in South Toowoomba, 4350 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.20%
The five-year average increase in median property values for South Toowoomba,4350 has given property investors a potential capital gain of -12.40% across each of those five years.
Vendor discounting in South Toowoomba is giving property investors an average Vendor Discount of around -5.22%. This puts suburb at number 177th in QLD when ranking the most discounted suburbs.
In the last year 32 properties changed hands in South Toowoomba, which puts it as the 169th most active market in QLD when comparing the number of sales per suburb.
Situated 106.40km from the CBD, South Toowoomba is one of Toowoomba (R) localities in the postcode 4350.