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2 MIN READ20 Of The Best Australian Suburbs For Low Deposit Investing
New research has revealed the best suburbs for investors looking to enter the property market with a deposit of less tha...
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Toowoomba CityToowoomba City - SUBURB PROFILE REPORT
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The suburb’s capital gain of 4.67% for the past year is higher than average compared to its 16.67% growth within a five-year period.
Also in TOOWOOMBA CITY, the median home price is sitting at $437,500, and the average rent at $400, this suggests property owners could potentially earn a 4.75% increase in gross rental yield.
Property investors have seen a -1.41% 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 5.77% growth over a ten-year period. It ranks 2143rd on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $437,500 | $290,000 |
| GROWTH REPORT | ||
| Median Quarterly | -1.41% | 8.21% |
| Median 12 month | 4.67% | -12.65% |
| Median 3 years | 19.05% | 17.89% |
| Median 5 years | 16.67% | -3.17% |
| 10 years average annual | 5.77% | 5.93% |
| Weekly media advert. rent | $400 | $300 |
| Time on Market | 31.3 days | 63.7 days |
| Gross Rental Yield Percent | 4.75% | 5.38% |
Copyright © 2021 Smart Property Investment
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