Property investors have seen a -1.18% 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 $650,000
Profits averaged 6.42% 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 $450 based on current median home prices for the suburb.
The gross rental yield in WAVELL HEIGHTS, 4012 is 3.6%.
An average of 18 real estate transactions take place per month in WAVELL HEIGHTS which translates to 216 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.56%||-5.01%|
|Median 3 years||19.27%||-7.04%|
|Median 5 years||32.65%||-14.94%|
|10 years average annual||5.35%||2.42%|
|Weekly media advert. rent||$450||$355|
|Time on Market||49.6 days||118.7 days|
|Gross Rental Yield Percent||3.6%||4.99%|