Why commercial is the new residential
Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...
Based on its average 5-year and quarterly capital gains GOWRIE JUNCTION, 4352 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that GOWRIE JUNCTION, 4352 obtained a 3.83% growth over a ten-year period. It ranks 2105th on our list of suburbs that property investors should look into.
GOWRIE JUNCTION, 4352 in QLD belongs to the local government area of Toowoomba (R).
GOWRIE JUNCTION, 4352 has a capital gain of 19.1% for the past year, which is higher than average compared to its 16.09% growth within a five-year period.
Figures from the previous quarter show that capital gains for real estate buyers in GOWRIE JUNCTION are low, as opposed to average gains per annum over the past five years.
A 19.1% increase in median property prices in GOWRIE JUNCTION, 4352 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 67th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $505,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.51% | N/A |
| Median 12 month | 19.1% | N/A |
| Median 3 years | 8.6% | N/A |
| Median 5 years | 16.09% | N/A |
| 10 years average annual | 3.83% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 93.5 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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