A steady increase in median property prices over a five-year period in the suburb translates to a 32.09% capital gain.
It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $977,500
The augmented property values in the suburb are trailing above the territorial average of 12.36% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $550.
Home owners selling their properties and realtors in EAST TOOWOOMBA usually have to wait an average of 35.9 days days before their assets are lifted off the market.
The QLD suburb ranks 617th on the list of best yielding suburbs for rental properties in QLD, posting a 2.93% return.
It also places places 475th in Australia based on median property value growth during the quarter.
A survey of average capital gains or median home price increase in suburbs across the country shows that EAST TOOWOOMBA, 4350 obtained a 6.64% growth over a ten-year period. It ranks 577th on our list of suburbs that property investors should look into.
EAST TOOWOOMBA, 4350 has a capital gain of 0% for the past year, which is lower than average compared to its 18.57% growth within a five-year period.
With the median home price in EAST TOOWOOMBA sitting at $530,000, and the average rent at $450, property owners could potentially earn a 4.42% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in EAST TOOWOOMBA are low, as opposed to average gains per annum over the past five years.
EAST TOOWOOMBA, 4350 in QLD belongs to the local government area of Toowoomba.