QLD has seen average median house prices change by 2.82% which means that Garbutt, 4814 has done well for property investors by showing a capital gain of 5.89% over the last year
Taking the average capital gain, or increase in median house value, Garbutt,4814 has racked up an average of 5.89% over the period. This ranks it number 3693th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
Using the current median advertised rental of $275 and the average annual increase in value of a median property of -0.59%, investors should hope to achieve an overall return of 5.39%
Garbutt is in the bottom 10% in QLD when comparing median price capital growth over the last year. Garbutt gave property investors a dismal capital gain figure when compared to the rest of the state, with -23.44%.
The QLD suburb of Garbutt, 4814 is in the Townsville local government area.