Gulliver is an average performer in QLD when comparing median price capital growth over the last year. Gulliver gave property investors a good capital gain figure when compared to the rest of the state, with 6.12%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gulliver has fallen somewhat when compared to the 5 year average annual rate.
Property buyers and investors in Gulliver 4812 should be seeing an average reduction in asking price of around -9.81% . This means that Gulliver is holding prices well when compared to other suburbs in QLD.
Gulliver, 4812’s gross rental yield is 6.60%
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Part of the Townsville local government area (LGA), the suburb of Gulliver is a short commute from Townsville’s CBD, sitting around 5km south of the city centre. Its population sits at just under 3,000 (2,871 according to the 2006 census) and the average age of its residents is 38.
The property market here is all about houses, with 93.2% of Gulliver’s dwellings coming into the separate house category at the 2006 census. Its median house price comes in at $296,500 according to RP Data, which is well below the median for Townsville LGA as a whole of $380,000.