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 -6.90%
Over the longer term, Wooloowin has seen property prices show investors a 3.52% return over the last 3 years. This is worse than over the last 12 months
Wooloowin4030 is located in QLD which offers an average discount of -7.24% to property investors. Wooloowin itself is showing figures that indicate -7.56% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.
The QLD suburb of Wooloowin, 4030 is in the Brisbane local government area.
Giving property investors a an average capital gain of 1.91% for the last year, Wooloowin, 4030 is the 938th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Wooloowin,4030 has racked up an average of 1.91% over the period. This ranks it number 651th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Wooloowin itself are offering an average vendor discount of -6.42% to real estate investors.
On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.
Using the current median advertised rental of $345 and the average annual increase in value of a median property of 5.84%, investors should hope to achieve an overall return of 3.75%