If you compare the increase in value of investment property in Westlake, 4074 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.07%.
Across a shorter period, Westlake, 4074 has seen a median price increase of 0.00% over the last quarter.
Property buyers and investors in Westlake 4074 should be seeing an average reduction in asking price of around -5.57% . This means that Westlake is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Westlake the average time real estate has been on the market is 90.27 days.
Using the current median advertised rental of $587.5 and the average annual increase in value of a median property of 3.98%, investors should hope to achieve an overall return of 4.29%