If you compare the increase in value of investment property in Waterford West, 4133 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.86%.
While Waterford West,4133 ranked number 169th in QLD for increase in median house value (annualised) increase, it is ranked 304th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Waterford West is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 566th in terms of most discounted suburbs in QLD
With the median price for a house in Waterford West being $360000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 5.34%
Property investors who have had real estate in Waterford West, 4133 should be relatively 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 -1.88%
While Waterford West,4133 ranked number 256th in QLD for increase in median house value (annualised) increase, it is ranked 140th over the last 5 years.
The most recent median price for Waterford West is $209000, with sellers offering an average of -5.76% off the asking price.