Based on its average 5-year and quarterly capital gains WOOLOOWIN, 4030 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that WOOLOOWIN, 4030 obtained a 3.95% growth over a ten-year period. It ranks 1930th on our list of suburbs that property investors should look into.
WOOLOOWIN, 4030 in QLD belongs to the local government area of Brisbane.
WOOLOOWIN, 4030 has a capital gain of 14% for the past year, which is higher than average compared to its 36.25% growth within a five-year period.
With the median home price in WOOLOOWIN sitting at $855,000, and the average rent at $490, property owners could potentially earn a 2.98% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WOOLOOWIN are low, as opposed to average gains per annum over the past five years.
A 14% increase in median property prices in WOOLOOWIN, 4030 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 88th.
A steady increase in median property prices over a five-year period in WOOLOOWIN, 4030 translates to a -5.68% capital gain.
WOOLOOWIN, 4030 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 $382,000.
Profits due to an downward trend in home prices in WOOLOOWIN, 4030 averaged -1.89% per annum over a 3-year period.
Home owners selling their properties and realtors in WOOLOOWIN usually have to wait an average of 132.9 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $350 mark, reflecting a 4.76% increase in returns based on the current median price in WOOLOOWIN.
WOOLOOWIN, 4030 places 70th in Australia based on median property value growth during the quarter.