Wights Mountain

WIGHTS MOUNTAIN, 4520 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling WIGHTS MOUNTAIN, 4520 values up and netting property investors a capital gain of 2.49% for the past year.

Investors saw the median home price rise to $2,060,000.

Profits due to an upward trend in home prices in the suburb averaged 12.75% per annum over a 3-year period.

WIGHTS MOUNTAIN now ranks at the 902nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in WIGHTS MOUNTAIN are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of N/A based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WIGHTS MOUNTAIN, homes and units usually stay on listing for an average of N/A.

In 2016, 13 properties were sold in WIGHTS MOUNTAIN during the past year, making it the 839th most active market in QLD based on total real estate transactions.