Suburb Profile Report for Charters Towers City QLD (4820)

Charters Towers City House: Median price $85,000, Annual capital growth -6.61%, Number of sales 15, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

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%

Metrics i HOUSE UNIT
$85,000 N/A
-14.14% N/A
-41.38% N/A
-6.61% N/A
$250 N/A
15 N/A
N/A N/A
127.6 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below average (U)
Find a mortgage broker in Charters Towers City QLD