Property value increases in Charters Towers City have tracked lower than the QLD average of 0.88% over the last 12 months.
Over the longer term, Charters Towers City has seen property prices show investors a -45.16% return over the last 3 years. This is an improvement over the last 12 months
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 Charters Towers City, 4820. Typically our figures indicate that -16.78% is being offered, which puts this QLD suburb at 17th most discounted overall in Australia.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of -6.61%, investors should hope to achieve an overall return of 15.29%