Walkervale

POSTAL CODE: QLD, 4670

HOUSE

Property investors have seen a 10.39% gain in WALKERVALE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on WALKERVALE, 4670 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 24.18%.

Based on its average 5-year and quarterly capital gains WALKERVALE, 4670 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $571,250

Profits averaged 22.67% per annum over a 3-year period, due to an upward trend in home prices in WALKERVALE, 4670.

This means, real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

The gross rental yield in WALKERVALE, 4670 is 5.01%.

An average of 6.17 real estate transactions take place per month in WALKERVALE which translates to 74 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$571,250	N/A
Growth Report
Median Quarterly	10.39%	N/A
Median 12 month	24.18%	N/A
Median 3 years	68.01%	N/A
Median 5 years	159.66%	N/A
10 years average annual	10.28%	N/A
Weekly media advert. rent	$550	N/A
Time on Market	22.3 days	N/A
Gross Rental Yield Percent	5.01%	N/A

Demographics (Median Values)*

Total Population 2592

Weekly Household Income 639.4

Household Size 2.50

Average Age 38

Monthly Loan Repayment 845

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

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