Investment property in Waterford has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.15%
Waterford,4133 was ranked 3423 in Australia by increase in median property value over the quarter.
Vendor discounting in Waterford is giving property investors an average Vendor Discount of around -3.68%. This puts suburb at number 781th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 7.92 sales per month, which equates to 95 per year.
Waterford has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.17% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Waterford comes in at number 302th in QLD.
Waterford, 4133 is offering QLD ‘s 49th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.84%, investors should hope to achieve an overall return of 6.96%