Property investors have seen a 2.54% 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 $707,500
Profits averaged 5.97% 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 $435 based on current median home prices for the suburb.
The gross rental yield in WAVELL HEIGHTS, 4012 is 3.2%.
An average of 15.83 real estate transactions take place per month in WAVELL HEIGHTS which translates to 190 per annum.
Property investments in WAVELL HEIGHTS fare well against the rest of the country last year, registering a median home price increase of 11.49%.
Figures from the previous quarter show that capital gains for real estate buyers in WAVELL HEIGHTS are high, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $367.5 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 107.4 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 $412,500
Investors saw the median home price rise to $412,500.
WAVELL HEIGHTS ranks 279th on the list of best yielding suburbs for rental properties in QLD, posting a 4.63% return.
Apra has got it wrong. They went too far...
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