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 $852,500.
Profits due to an downward trend in home prices in the suburb averaged -0.58% per annum over a 3-year period.
WIGHTS MOUNTAIN now ranks at the 152nd 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 high, 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 916th most active market in QLD based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-4.21%||N/A|
|Median 3 years||-1.73%||N/A|
|Median 5 years||10.49%||N/A|
|10 years average annual||3.71%||N/A|
|Weekly media advert. rent||N/A||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||N/A||N/A|