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 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 2.12% growth over a ten-year period. It ranks 2771st on our list of suburbs that property investors should look into.
WYNNUM WEST, 4178 in QLD belongs to the local government area of Brisbane (C).
WYNNUM WEST, 4178 has a capital gain of 0.92% for the past year, which is lower than average compared to its 18.15% growth within a five-year period.
With the median home price in WYNNUM WEST sitting at $550,000, and the average rent at $475, property owners could potentially earn a 4.49% 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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $550,000 | $351,500 |
| GROWTH REPORT | ||
| Median Quarterly | 0% | 0.86% |
| Median 12 month | 0.92% | 3.38% |
| Median 3 years | 3.77% | 1.88% |
| Median 5 years | 18.15% | 3.38% |
| 10 years average annual | 2.12% | 0.83% |
| Weekly media advert. rent | $475 | $390 |
| Time on Market | 60.4 days | 83.5 days |
| Gross Rental Yield Percent | 4.49% | 5.77% |
Real estate bodies are rejoicing following the announcement that private inspections for purchase or leasing of Victorian residential pro...
Preliminary figures are looking good for Sydney’s auction market, with CoreLogic predicting greater auction clearance rates week-on-week...
A rebound in household wealth is likely to see a final quarter bump in property activity, an economist has predicted. ...
The Queensland property market is tipped for strong growth despite the country being in its first recession in nearly three decades, an indu...
The announcement that the Australian government would be loosening responsible lending restrictions has been met with mixed feelings from th...
WA-based property investment consultancy Momentum Wealth has shone a spotlight on why the Perth market is seeing a 40 per cent rise in buyer...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
Copyright © 2020 Smart Property Investment