Based on its average 5-year and quarterly capital gains WYNNUM WEST, 4178 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 WYNNUM WEST, 4178 obtained a 3.14% growth over a ten-year period. It ranks 2388th on our list of suburbs that property investors should look into.
WYNNUM WEST, 4178 in QLD belongs to the local government area of Brisbane.
WYNNUM WEST, 4178 has a capital gain of 0.96% for the past year, which is lower than average compared to its 24.56% growth within a five-year period.
With the median home price in WYNNUM WEST sitting at $525,000, and the average rent at $440, property owners could potentially earn a 4.36% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WYNNUM WEST 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 WYNNUM WEST, 4178 translates to a 0.15% capital gain.
WYNNUM WEST, 4178 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 $340,000.
Profits due to an upward trend in home prices in WYNNUM WEST, 4178 averaged 0.05% per annum over a 3-year period.
Home owners selling their properties and realtors in WYNNUM WEST usually have to wait an average of 94.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $400 mark, reflecting a 6.12% increase in returns based on the current median price in WYNNUM WEST.
WYNNUM WEST, 4178 places 95th in Australia based on median property value growth during the quarter.