The Pros And Cons Of Off-market Property Sales
What are the pros and cons of off-market property sales? We discuss how this selling approach works and delve into the p...
Property investors have seen a 6.67% gain in WAVELL HEIGHTS based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WAVELL HEIGHTS, 4012 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 26.32%.
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 $960,000
Profits averaged 11.42% 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 $530 based on current median home prices for the suburb.
The gross rental yield in WAVELL HEIGHTS, 4012 is 2.87%.
An average of 26.08 real estate transactions take place per month in WAVELL HEIGHTS which translates to 313 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||26.32%||-19.13%|
|Median 3 years||34.27%||0.68%|
|Median 5 years||47.69%||0.54%|
|10 years average annual||6.13%||0.05%|
|Weekly media advert. rent||$530||$360|
|Time on Market||37.6 days||40.2 days|
|Gross Rental Yield Percent||2.87%||5.03%|