TOOWOOMBA CITY ranks 196th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -8.4% for the past year is lower than average compared to its 27.22% growth within a five-year period.
Also in TOOWOOMBA CITY, the median home price is sitting at $343,500, and the average rent at $300, this suggests property owners could potentially earn a 4.54% increase in gross rental yield.
Property investors have seen a -0.43% drop in TOOWOOMBA CITY based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.73% growth over a ten-year period. It ranks 2035th on our list of suburbs that property investors should look into.
A 20.24% increase in median property prices in TOOWOOMBA CITY, 4350 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 19th.
TOOWOOMBA CITY, 4350 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 $306,000.
Augmented property values in TOOWOOMBA CITY are trailing above the QLD average of 0.61% for the past year.
Real estate investors could earn a rental income of $230 based on current median home prices for the suburb.
Home owners selling their properties and realtors in TOOWOOMBA CITY usually have to wait an average of 108.5 days days before their assets are lifted off the market.
TOOWOOMBA CITY ranks 343rd on the list of best yielding suburbs for rental properties in QLD, posting a 3.91% return.
TOOWOOMBA CITY, 4350 places 4th in Australia based on median property value growth during the quarter.