Over the last year, property investments in Waterford, 4133 have given investors a capital gain of 7.58%. This compares favourably with the 1.88% for QLD as a whole.
Across a shorter period, Waterford, 4133 has seen a median price increase of -0.23% over the last quarter.
Property investors looking for a bargain in Waterford should be aiming for at least -3.78% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2127 in a list of fastest selling suburbs, Waterford is just in the bottom half of suburbs in Australia with an average of days on market 88.15 for properties listed there.
Advertised rents are around the $402.5 mark per week – giving a return of 4.91% based on the median price in Suburb
If you compare the increase in value of investment property in Waterford, 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 6.52%.
If we look at median property appreciation over just the last three months, Waterford has given property investors a paper return of -2.00%. This puts Suburb as 270 on a list of fastest fasting appreciating suburbs in QLD
In the last year 14 properties changed hands in Waterford, which puts it as the 334th most active market in QLD when comparing the number of sales per suburb.
Waterford, 4133’s gross rental yield is 6.79%