Property investors have seen a 7.39% gain in WHITE ROCK based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WHITE ROCK, 4868 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 18.18%.
Based on its average 5-year and quarterly capital gains WHITE ROCK, 4868 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 $617,500
Profits averaged 18% per annum over a 3-year period, due to an upward trend in home prices in WHITE ROCK, 4868.
This means, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.
The gross rental yield in WHITE ROCK, 4868 is 5.05%.
An average of 6.5 real estate transactions take place per month in WHITE ROCK which translates to 78 per annum.
Property investments in WHITE ROCK fare well against the rest of the country last year, registering a median home price increase of 20.72%.
Figures from the previous quarter show that capital gains for real estate buyers in WHITE ROCK are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains WHITE ROCK, 4868 saw average growth in the long term.
This means, real estate investors could earn a rental income of $585 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 WHITE ROCK, homes and units usually stay on listing for an average of 26.1 days.
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 $501,000
Investors saw the median home price rise to $501,000.
WHITE ROCK ranks 34th on the list of best yielding suburbs for rental properties in QLD, posting a 6.07% return.