South Townsville is in the bottom 20% in QLD when comparing median price capital growth over the last year. South Townsville gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.52%.
While South Townsville,4810 ranked number 533th in QLD for increase in median house value (annualised) increase, it is ranked 686th over the last 5 years.
Property buyers and investors in South Townsville 4810 should be seeing an average reduction in asking price of around -8.53% . This means that South Townsville is holding prices well when compared to other suburbs in QLD.
Over the last year, property investments in South Townsville, 4810 have given investors a capital gain of 1.66%. This compares favourably with the -0.57% for QLD as a whole.
While South Townsville,4810 ranked number 76th in QLD for increase in median house value (annualised) increase, it is ranked 164th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that South Townsville is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 14th in terms of most discounted suburbs in QLD