WINDSOR, 4030 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.
Average median house prices in QLD have risen as a whole, pulling WINDSOR, 4030 values up and netting property investors a capital gain of 11.14% for the past year.
Investors saw the median home price rise to $851,500.
Profits due to an upward trend in home prices in the suburb averaged 7.8% per annum over a 3-year period.
WINDSOR now ranks at the 476th 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 $497.5 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 43.6 days.
In 2016, 81 properties were sold in WINDSOR during the past year, making it the 73rd most active market in QLD based on total real estate transactions.
WINDSOR ranks 157th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
WINDSOR, 4030 has a capital gain of -2.87% for the past year, which is lower than average compared to its 29.08% growth within a five-year period.
With the median home price in WINDSOR sitting at $490,500, and the average rent at $375, property owners could potentially earn a 3.98% increase in gross rental yield.
Property investors have seen a -0.3% drop in WINDSOR based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that WINDSOR, 4030 obtained a 3.21% growth over a ten-year period. It ranks 990th on our list of suburbs that property investors should look into.