Property investors have seen a 2.27% gain in WAVELL HEIGHTS based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WAVELL HEIGHTS, 4012 saw average growth in the long term.
The QLD 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 $675,000
Profits averaged 6.04% per annum over a 3-year period, due to an upward trend in home prices in WAVELL HEIGHTS, 4012.
This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
The gross rental yield in WAVELL HEIGHTS, 4012 is 3.47%.
An average of 17.92 real estate transactions take place per month in WAVELL HEIGHTS which translates to 215 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.22%||0%|
|Median 3 years||18.11%||-14.65%|
|Median 5 years||37.76%||2.78%|
|10 years average annual||4.79%||1.61%|
|Weekly media advert. rent||$450||$365|
|Time on Market||55.8 days||114.2 days|
|Gross Rental Yield Percent||3.47%||5.13%|