Investment property in Belgian Gardens has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -13.11%
The five-year average increase in median property values for Belgian Gardens,4810 has given property investors a potential capital gain of -18.71% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Belgian Gardens, 4810. Typically our figures indicate that -6.95% is being offered, which puts this QLD suburb at 1045th most discounted overall in Australia.
Often selling an investment property can take time, and in Belgian Gardens the average time real estate has been on the market is 54.8333 days.
Advertised rents are around the $480 mark per week – giving a return of 6.38% based on the median price in Suburb
Property investors who have had real estate in Belgian Gardens, 4810 should be pleased 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 31.91%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Belgian Gardens has fallen somewhat when compared to the 5 year average annual rate.
At number 1355 in a list of fastest selling suburbs, Belgian Gardens is in the bottom 10% of suburbs in Australia with an average of days on market 154.727 for properties listed there.
Situated 1113.24km from the CBD, Belgian Gardens is one of Townsville (C) localities in the postcode 4810.