Property investors enjoyed capital gains of 9.09% over the last 12 months in WITHCOTT, translating to lower returns compared with its peers in QLD.
The suburb posted a 25% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
On average, rents on listings have reached the $380 mark, reflecting a 4.39% increase in returns based on the current median price in WITHCOTT.
WITHCOTT, 4352 ranks 169th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 461st on the list of best yielding suburbs for rental properties in QLD, posting a 4.39% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||9.09%||N/A|
|Median 3 years||25%||N/A|
|Median 5 years||36.36%||N/A|
|10 years average annual||4.05%||N/A|
|Weekly media advert. rent||$380||N/A|
|Time on Market||110.8 days||N/A|
|Gross Rental Yield Percent||4.39%||N/A|