Open for business: Victorian property market to recommence
Real estate bodies are rejoicing following the announcement that private inspections for purchase or leasing of Victorian residential pro...
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 3.16% growth over a ten-year period. It ranks 2291st on our list of suburbs that property investors should look into.
WOOLOOWIN, 4030 in QLD belongs to the local government area of Brisbane (C).
WOOLOOWIN, 4030 has a capital gain of 5.72% for the past year, which is higher than average compared to its 21.43% growth within a five-year period.
With the median home price in WOOLOOWIN sitting at $850,000, and the average rent at $515, property owners could potentially earn a 3.15% 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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $850,000 | $338,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0.59% | 0.52% |
| Median 12 month | 5.72% | 5.29% |
| Median 3 years | 11.84% | -8.51% |
| Median 5 years | 21.43% | -21.46% |
| 10 years average annual | 3.16% | -0.37% |
| Weekly media advert. rent | $515 | $345 |
| Time on Market | 52.2 days | 80.6 days |
| Gross Rental Yield Percent | 3.15% | 5.3% |
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