Based on its average 5-year and quarterly capital gains, the suburb saw average decrease in the long term.
The 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 $205,000.
The downward trend in home prices in WINSTON, 4825 averaged -11.64% per annum over a 3-year period.
Average weekly rents on listings have reached the $450 mark, reflecting a N/A increase in returns based on the current median price in WINSTON.
An average of 1.17 real estate transactions take place per month in WINSTON which translates to 14 per annum.
14 properties were sold in WINSTON in 2016, making it the 804th most active market in QLD based on total real estate transactions.
WINSTON, 4825 places 900th in Australia based on median property value growth during the quarter.
The 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 $232,500.
Investors saw the median home price rise to $232,500.
The downward trend in home prices in WINSTON, 4825 averaged -9.85% per annum over a 3-year period.
WINSTON now ranks at the th 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 WINSTON are high, as opposed to average gains per annum over the past five years.
Real estate investors could earn a rental income of $340 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In WINSTON, homes and units usually stay on listing for an average of N/A.
10 properties were sold in WINSTON in 2016, making it the 429th most active market in QLD based on total real estate transactions.