With a capital gain of -2.53% for the last 12 months, Wooloowin, 4030 has performed for property investments than its average annual 4.62% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wooloowin has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Wooloowin itself are offering an average vendor discount of -7.39% to real estate investors.
In the last year 53 properties changed hands in Wooloowin, which puts it as the 431th most active market in QLD when comparing the number of sales per suburb.
If you compare the increase in value of investment property in Wooloowin, 4030 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -18.94%.
When looking at the potential capital gains offered to property investors over the last 3 years, Wooloowin comes in at number 293th in QLD.
Property buyers and investors in Wooloowin 4030 should be seeing an average reduction in asking price of around -5.54% . This means that Wooloowin is holding prices well when compared to other suburbs in QLD.
Wooloowin, 4030’s gross rental yield is 4.55%