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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 37.20% over the past year and changed 44.44% over 2 years.

The median rent in Garbutt for houses is $490 per week and the median rental yield is 4.90%. Stock on the market for houses/townhouses has changed -44.44% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes 23 days to sell and the median rent for a unit in Garbutt is $360 per week, producing a rental yield of NA.

Supply & Demand in Garbutt, Townsville

0.74%

Current vacancy rate


10

Rental stock available


2,394

Population


45.94%

Rental population


0.95%

Current vacancy rate


843

Rental stock available


186,757

Population


32.61%

Rental population


0.87%

Current vacancy rate


20,720

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 37.20% NA NA
Median price change - 2 years 44.44% NA NA
  House Townhouses Units
Median weekly rent $490 NA $360
Median yield % 4.90% NA NA
Median rent change - 1 year 16.66% NA 9.09%
  House Units
Previous month sales 3 0
Stock on market previous month 10 6
Stock variance vs. last year -44.44% 0.00%
Average days on market 66 23

Garbutt investment property listings

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