Property investors who have had real estate in Wilston, 4051 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.55%
A 65.03% growth in median value for property investors in Wilston,4051 puts this suburb at number 154th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Wilston are currently offering property investors an average price cut of -7.87% below the asking price at the moment.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 6.29%, investors should hope to achieve an overall return of 2.31%
Wilston has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.49% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wilston has fallen somewhat when compared to the 5 year average annual rate.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Wilston itself are offering an average vendor discount of -8.40% to real estate investors.
Often selling an investment property can take time, and in Wilston the average time real estate has been on the market is 83.83 days.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.94%, without taking into account capital value appreciation, which has been averaging out at 4.12%.