Witta

POSTAL CODE: QLD, 4552

HOUSE

Homeowners and real estate investors betting on WITTA, 4552 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 30.95%.

A steady increase in median property prices over a five-year period in the suburb translates to a 44.74% capital gain.

Property investors in WITTA enjoyed capital gains of 30.95% over the last 12 months translating to higher returns compared with its peers in the territory.

The suburb also 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 $1,375,000.

Profits due to an upward trend in home prices there averaged 14.91% per annum over a 3-year period.

Home owners selling their properties and realtors in WITTA usually have to wait an average of 84.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in WITTA.

WITTA, 4552 places 161st in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,375,000	N/A
Growth Report
Median Quarterly	5.77%	N/A
Median 12 month	30.95%	N/A
Median 3 years	44.74%	N/A
Median 5 years	67.68%	N/A
10 years average annual	11.7%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	84.5 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 920

Weekly Household Income 698.6

Household Size 2.30

Average Age 47

Monthly Loan Repayment 990

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

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