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Wongaling Beach

Suburb Profile

Wongaling Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4852

house
unit

Property investments in Wongaling Beach fare well against the rest of the country last year, registering a median home price increase of 21.09%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains Wongaling Beach, 4852 saw average growth in the long term.

Real estate investors could earn a rental income of $400 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 139.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $465,000.

Wongaling Beach ranks 438th on the list of best yielding suburbs for rental properties in QLD, posting a 4.47% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $465,000 $260,000
GROWTH REPORT
Median Quarterly 1.09% 30%
Median 12 month 21.09% 44.44%
Median 3 years 13.41% N/A
Median 5 years 22.85% 33.33%
10 years average annual 6.38% 24.5%
Weekly media advert. rent $400 $262.5
Time on Market 139.6 days 0.0 days
Gross Rental Yield Percent 4.47% 5.25%
demographics (median values)
Total Population
993
Weekly Household Income
814.2
Household Size
2.30
demographics
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