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 18.02% for the past year.

Investors saw the median home price rise to $1,310,000.

WIGHTS MOUNTAIN now ranks at the 848th 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.

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 0.0 days.

In 2016, 10 properties were sold in WIGHTS MOUNTAIN during the past year, making it the 1141st most active market in QLD based on total real estate transactions.