Based on its average 5-year and quarterly capital gains TOWNSVILLE CITY, 4810 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 TOWNSVILLE CITY, 4810 obtained a 3.36% growth over a ten-year period. It ranks 3478th on our list of suburbs that property investors should look into.
TOWNSVILLE CITY, 4810 in QLD belongs to the local government area of Townsville.
TOWNSVILLE CITY, 4810 has a capital gain of -4.55% for the past year, which is lower than average compared to its 0% growth within a five-year period.
With the median home price in TOWNSVILLE CITY sitting at $525,000, and the average rent at $590, property owners could potentially earn a 5.84% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in TOWNSVILLE CITY are low, as opposed to average gains per annum over the past five years.
Homeowners and real estate investors betting on TOWNSVILLE CITY, 4810 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 12.03%.
A steady increase in median property prices over a five-year period in TOWNSVILLE CITY, 4810 translates to a 30.82% capital gain.
Property investors enjoyed capital gains of 12.03% over the last 12 months in TOWNSVILLE CITY, translating to lower returns compared with its peers in QLD.
TOWNSVILLE CITY, 4810 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 $476,127.
Profits due to an upward trend in home prices in TOWNSVILLE CITY, 4810 averaged 10.27% per annum over a 3-year period.
Home owners selling their properties and realtors in TOWNSVILLE CITY usually have to wait an average of 44.4 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $520 mark, reflecting a 5.68% increase in returns based on the current median price in TOWNSVILLE CITY.
TOWNSVILLE CITY, 4810 places th in Australia based on median property value growth during the quarter.