Hidden Brisbane property gem revealed
An under-the-radar suburb in a heating up Brisbane market has been tipped to be the next hotspot for real estate investors, according to ind...
Figures from the previous quarter show that capital gains for real estate buyers in WETHERILL PARK are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 3.53% increase in returns based on the current median price in WETHERILL PARK.
WETHERILL PARK, 2164 ranks 853rd in NSW in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 696th on the list of best yielding suburbs for rental properties in NSW, posting a 3.53% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $737,250 | $525,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.03% | -21.64% |
| Median 12 month | -6.68% | -19.85% |
| Median 3 years | -7.84% | -0.94% |
| Median 5 years | 27.66% | 47.06% |
| 10 years average annual | 6.52% | 7.05% |
| Weekly media advert. rent | $500 | $450 |
| Time on Market | 65.1 days | 0.0 days |
| Gross Rental Yield Percent | 3.53% | 4.46% |
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