Property Market Update: Brisbane, April 2022
Brisbane remained golden in April, as house values in the city marched higher to hit a new record high. But with a rate ...
Homeowners and real estate investors betting on WAITARA, 2077 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 39.01%.
Property investors in WAITARA enjoyed capital gains of 39.01% over the last 12 months translating to lower returns compared with its peers in the territory.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,102,500.
Home owners selling their properties and realtors in WAITARA usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $650 mark, reflecting a 1.61% increase in returns based on the current median price in WAITARA.
WAITARA, 2077 places 254th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||39.01%||5.8%|
|Median 3 years||N/A||8.06%|
|Median 5 years||N/A||6.87%|
|10 years average annual||20.75%||5.09%|
|Weekly media advert. rent||$650||$470|
|Time on Market||0.0 days||36.4 days|
|Gross Rental Yield Percent||1.61%||3.35%|