If you compare the increase in value of investment property in Wooloowin, 4030 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 3.67%.
Across a shorter period, Wooloowin, 4030 has seen a median price increase of 0.97% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wooloowin, 4030. Typically our figures indicate that -6.41% is being offered, which puts this QLD suburb at 1341th most discounted overall in Australia.
In the last year 58 properties changed hands in Wooloowin, which puts it as the 405th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Wooloowin being $777500 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 3.18%
Property investors who have had real estate in Wooloowin, 4030 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -19.85%
Across a shorter period, Wooloowin, 4030 has seen a median price increase of -9.17% over the last quarter.
Wooloowin4030 is located in QLD which offers an average discount of -5.98% to property investors. Wooloowin itself is showing figures that indicate -4.99% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Wooloowin the average time real estate has been on the market is 76.2 days.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 3.25%, investors should hope to achieve an overall return of 4.63%