If you compare the increase in value of investment property in Waterford West, 4133 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 8.77%.
Taking the average capital gain, or increase in median house value, Waterford West,4133 has racked up an average of 8.77% over the period. This ranks it number 1512th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Waterford West should be aiming for at least -5.63% off the asking price, which is the average vendor discount being achieved at the moment.
Waterford West, 4133’s gross rental yield is 5.33%
Property investors who have had real estate in Waterford West, 4133 should be ok 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 3.37%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Waterford West has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Waterford West is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 202th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $3390 per annum or $282.5 every week.