South Toowoomba has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 28.57% to date .
South Toowoomba,4350 has offered an average of 28.57% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -1.18% to buyers in South Toowoomba at the moment, which is less than average for the rest of QLD.
At number 1002th in the list of Australian suburbs ordered by increase in median house value over the last year, South Toowoomba, 4350 is in the top half with a property value increase of 14.08% recorded in median house prices.
South Toowoomba,4350 was ranked 984 in Australia by increase in median property value over the quarter.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -2.54% offered to property buyers. Sellers in South Toowoomba itself are offering an average vendor discount of 0.00% to real estate investors.
In the last year 62 properties changed hands in South Toowoomba, which puts it as the 176th most active market in QLD when comparing the number of sales per suburb.
Using the current median advertised rental of $460 and the average annual increase in value of a median property of 7.21%, investors should hope to achieve an overall return of 7.00%