If you compare the increase in value of investment property in Westlake, 4074 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 12.05%.
The five-year average increase in median property values for Westlake,4074 has given property investors a potential capital gain of 20.59% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Westlake is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 549th in terms of most discounted suburbs in QLD
Residents and property investors in Westlake have been waiting around 75.74 days to sell a property.
Westlake is 430th on a list of best yielding suburbs for rents in QLD with a 4.57% return