Based on its average 5-year and quarterly capital gains WEST END, 4101 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 WEST END, 4101 obtained a 3.66% growth over a ten-year period. It ranks 2071st on our list of suburbs that property investors should look into.
WEST END, 4101 in QLD belongs to the local government area of Brisbane.
WEST END, 4101 has a capital gain of 0.46% for the past year, which is lower than average compared to its 42.86% growth within a five-year period.
With the median home price in WEST END sitting at $1,100,000, and the average rent at $560, property owners could potentially earn a 2.65% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WEST END are low, as opposed to average gains per annum over the past five years.
A steady increase in median property prices over a five-year period in WEST END, 4101 translates to a -3.21% capital gain.
Property investors enjoyed capital gains of 1.78% over the last 12 months in WEST END, translating to lower returns compared with its peers in QLD.
WEST END, 4101 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 $542,000.
Profits due to an downward trend in home prices in WEST END, 4101 averaged -1.07% per annum over a 3-year period.
Home owners selling their properties and realtors in WEST END usually have to wait an average of 108.5 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $465 mark, reflecting a 4.46% increase in returns based on the current median price in WEST END.
WEST END, 4101 places 135th in Australia based on median property value growth during the quarter.