Wights Mountain

POSTAL CODE: QLD, 4520

HOUSE

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

Investors saw the median home price rise to $1,975,000.

Profits due to an upward trend in home prices in the suburb averaged 0% per annum over a 3-year period.

WIGHTS MOUNTAIN now ranks at the 873rd 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, 14 properties were sold in WIGHTS MOUNTAIN during the past year, making it the 804th most active market in QLD based on total real estate transactions.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,975,000	N/A
Growth Report
Median Quarterly	-1.74%	N/A
Median 12 month	0%	N/A
Median 3 years	0%	N/A
Median 5 years	79.55%	N/A
10 years average annual	10.02%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	N/A	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 971

Weekly Household Income 1723

Household Size 3.10

Average Age 38

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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