Big incentives for property investors under new housing package
As part of its housing affordability plans, the federal opposition has announced its plans to incentivise property investors should it come ...
Property investors have seen a -0.71% drop in WAVELL HEIGHTS based on a decrease 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 $696,000
Profits averaged 3.64% 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 3.36%.
An average of 15.33 real estate transactions take place per month in WAVELL HEIGHTS which translates to 184 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $696,000 | $405,000 |
| GROWTH REPORT | ||
| Median Quarterly | -0.71% | -1.22% |
| Median 12 month | 3.88% | 9.46% |
| Median 3 years | 10.92% | -6.9% |
| Median 5 years | 34.49% | 13.64% |
| 10 years average annual | 4.15% | 0.53% |
| Weekly media advert. rent | $450 | $375 |
| Time on Market | 69.3 days | 48.0 days |
| Gross Rental Yield Percent | 3.36% | 4.81% |
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