Property investors have seen a -1.76% 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 $697,500
Profits averaged 3.81% 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 3.35%.
An average of 16 real estate transactions take place per month in WAVELL HEIGHTS which translates to 192 per annum.
Property investments in WAVELL HEIGHTS fare well against the rest of the country last year, registering a median home price increase of 12.33%.
Figures from the previous quarter show that capital gains for real estate buyers in WAVELL HEIGHTS are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $372.5 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In WAVELL HEIGHTS, homes and units usually stay on listing for an average of 0.0 days.
the QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $410,000
Investors saw the median home price rise to $410,000.
WAVELL HEIGHTS ranks 267th on the list of best yielding suburbs for rental properties in QLD, posting a 4.72% return.
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