If you compare the increase in value of investment property in Wakerley, 4154 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.23%.
When looking at the potential capital gains offered to property investors over the last 3 years, Wakerley comes in at number 350th in QLD.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wakerley, 4154. Typically our figures indicate that -4.01% is being offered, which puts this QLD suburb at 3230th most discounted overall in Australia.
On average over the past year, suburb has had 12.67 sales per month, which equates to 152 per year.
Advertised rents are around the $550 mark per week – giving a return of 3.86% based on the median price in Suburb
If you compare the increase in value of investment property in Wakerley, 4154 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 5.33%.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Wakerley itself are offering an average vendor discount of -2.25% to real estate investors.
With the median price for a house in Wakerley being $425000 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 5.20%