
ATO Set To Scrutinise Landlords’ Tax Returns
The Australian Taxation Office (ATO) has warned landlords to double-check their rental income declarations and deduction...
Property investors enjoyed capital gains of 56.97% over the last 12 months in TOOLOOA, 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 56.97% growth over a ten-year period. It ranks 1952nd on our list of suburbs that property investors should look into.
With the median home price in TOOLOOA sitting at $259,000, and the average rent at $300, property owners could potentially earn a 6.02% increase in gross rental yield.
A 56.97% increase in median property prices in TOOLOOA, 4680 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 9th.
TOOLOOA, 4680 in QLD belongs to the local government area of Gladstone (R).
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $259,000 | N/A |
GROWTH REPORT | ||
Median Quarterly | 13.1% | N/A |
Median 12 month | 56.97% | N/A |
Median 3 years | 61.88% | N/A |
Median 5 years | N/A | N/A |
10 years average annual | 56.97% | N/A |
Weekly media advert. rent | $300 | N/A |
Time on Market | 47.4 days | N/A |
Gross Rental Yield Percent | 6.02% | N/A |