Property investors enjoyed capital gains of 34.48% over the last 12 months in WALLANGARRA, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in WALLANGARRA are low, as opposed to average gains per annum over the past five years.
The suburb posted a 42.34% 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 N/A based on current median home prices for the suburb.
On average, rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in WALLANGARRA.
WALLANGARRA, 4383 ranks 26th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 801st on the list of best yielding suburbs for rental properties in QLD, posting a N/A return.