Property Growth Expectations Hit Record Highs
Confidence in the property industry is just shy of setting a new record, buoyed by the speed of economic turnaround and ...
Property investors enjoyed capital gains of 11.83% over the last 12 months in NORTH TOOWOOMBA, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 4.22% growth over a ten-year period. It ranks 1975th on our list of suburbs that property investors should look into.
NORTH TOOWOOMBA, 4350 has a capital gain of 11.83% for the past year, which is higher than average compared to its 14.96% growth within a five-year period.
With the median home price in NORTH TOOWOOMBA sitting at $369,025, and the average rent at $320, property owners could potentially earn a 4.51% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in NORTH TOOWOOMBA are low, as opposed to average gains per annum over the past five years.
NORTH TOOWOOMBA, 4350 in QLD belongs to the local government area of Toowoomba (R).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||11.83%||N/A|
|Median 3 years||24.67%||N/A|
|Median 5 years||14.96%||6.79%|
|10 years average annual||4.22%||5.86%|
|Weekly media advert. rent||$320||$287.5|
|Time on Market||61.2 days||0.0 days|
|Gross Rental Yield Percent||4.51%||5%|