Garbutt is in the bottom 40% in QLD when comparing median price capital growth over the last year. Garbutt gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.11%.
Garbutt,4814 has offered an average of -2.11% return per annum in house price rises to property investors over the last three years.
The most recent median price for Garbutt is $232500, with sellers offering an average of -11.14% off the asking price.
At number 3543 in a list of fastest selling suburbs, Garbutt is in the bottom 10% of suburbs in Australia with an average of days on market 146.8 for properties listed there.
A $325 per week rent on the median house gives suburb investors a gross yield of circa 7.27%, without taking into account capital value appreciation, which has been averaging out at -2.27%.