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Investment Property Garbutt, QLD, 4814

Suburb Snapshot

Garbutt is a suburb in the Townsville Region of Queensland. Garbutt has a population of 2,394 people and 45.94% of its occupants live in rental accommodation. The median listing price for houses is $520,000 and this has changed 22.35% over the past year and changed 41.68% over 2 years.

The median rent in Garbutt for houses is $495 per week and the median rental yield is 4.95%. Stock on the market for houses/townhouses has changed -20.00% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Garbutt is $380 per week, producing a rental yield of NA.

Supply & Demand in Garbutt, Townsville

0.59%

Current vacancy rate


8

Rental stock available


2,394

Population


45.94%

Rental population


0.96%

Current vacancy rate


851

Rental stock available


186,757

Population


32.61%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Garbutt, Townsville

  House Townhouses Units
Median listing price $520,000 NA NA
Median price change - last quarter 4.20% NA NA
Median price change - 1 year 22.35% NA NA
Median price change - 2 years 41.68% NA NA
  House Townhouses Units
Median weekly rent $495 NA $380
Median yield % 4.95% NA NA
Median rent change - 1 year 15.11% NA 8.57%
  House Units
Previous month sales 4 2
Stock on market previous month 12 6
Stock variance vs. last year -20.00% 20.00%
Average days on market 68 NA

Garbutt investment property listings

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