Is the regional trend coming to an end?
The regional trend could be coming to an end as new figures reveal that monthly capital city price growth has outpaced regional price growth...
WINDSOR, 4030 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 $887,500.
Profits due to an upward trend in home prices in the suburb averaged 1.35% per annum over a 3-year period.
WINDSOR now ranks at the 837th place on a list of fastest growing suburbs in the territory.
Figures from the previous quarter show that capital gains for real estate buyers in WINDSOR are low, as opposed to average gains per annum over the past five years.
Because of this real estate investors could earn a rental income of $550 based on current median home prices.
Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WINDSOR, homes and units usually stay on listing for an average of 49.1 days.
In 2016, 68 properties were sold in WINDSOR during the past year, making it the 157th most active market in QLD based on total real estate transactions.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $887,500 | $385,000 |
| GROWTH REPORT | ||
| Median Quarterly | -8.03% | 0% |
| Median 12 month | -12.13% | -2.9% |
| Median 3 years | 4.04% | -7.23% |
| Median 5 years | 19.45% | -20.62% |
| 10 years average annual | 3.22% | 0.68% |
| Weekly media advert. rent | $550 | $395 |
| Time on Market | 49.1 days | 51.0 days |
| Gross Rental Yield Percent | 3.22% | 5.34% |
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