Midyear State Of Affairs: A Closer Look At The Country’s Markets
With market conditions changing at varying degrees across the country, seven experts from Property Investment Profession...
Property investors enjoyed capital gains of 16.67% over the last 12 months in WYREEMA, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 2.89% growth over a ten-year period. It ranks 3201st on our list of suburbs that property investors should look into.
WYREEMA, 4352 has a capital gain of 16.67% for the past year, which is higher than average compared to its 26.97% growth within a five-year period.
With the median home price in WYREEMA sitting at $402,500, and the average rent at $380, property owners could potentially earn a 4.91% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in WYREEMA are low, as opposed to average gains per annum over the past five years.
WYREEMA, 4352 in QLD belongs to the local government area of Toowoomba (R).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16.67%||N/A|
|Median 3 years||21.97%||N/A|
|Median 5 years||26.97%||N/A|
|10 years average annual||2.89%||N/A|
|Weekly media advert. rent||$380||N/A|
|Time on Market||30.6 days||N/A|
|Gross Rental Yield Percent||4.91%||N/A|