Wonga Beach

Based on its average 5-year and quarterly capital gains, the suburb saw average growth 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 $490,000.

The upward trend in home prices in WONGA BEACH, 4873 averaged 4.65% per annum over a 3-year period.

Average weekly rents on listings have reached the $500 mark, reflecting a 5.31% increase in returns based on the current median price in WONGA BEACH.

An average of 1.92 real estate transactions take place per month in WONGA BEACH which translates to 23 per annum.

23 properties were sold in WONGA BEACH in 2016, making it the 543rd most active market in QLD based on total real estate transactions.

WONGA BEACH, 4873 places 751st in Australia based on median property value growth during the quarter.