Wavell Heights, 4012 ranked 382th in QLD when comparing growth in median property values or capital gain over the last 12 months. Wavell Heights is one of 2415 in our list for QLD
Wavell Heights,4012 was ranked 2246 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Wavell Heights should be aiming for at least -7.14% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 5.92%, investors should hope to achieve an overall return of 3.57%
Giving property investors a a poor capital gain of -7.83% for the last year, Wavell Heights, 4012 is the 1493th highest performer in Australia in this respect.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.15% offered to property buyers. Sellers in Wavell Heights itself are offering an average vendor discount of -7.63% to real estate investors.
Wavell Heights, 4012’s gross rental yield is 5.27%