Wynnum West is an average performer in QLD when comparing median price capital growth over the last year. Wynnum West gave property investors a good capital gain figure when compared to the rest of the state, with 6.00%.
When looking at the potential capital gains offered to property investors over the last 3 years, Wynnum West comes in at number 314th in QLD.
The most recent median price for Wynnum West is $530000, with sellers offering an average of -4.28% off the asking price.
Often selling an investment property can take time, and in Wynnum West the average time real estate has been on the market is 52.08 days.
Advertised rents are around the $440 mark per week – giving a return of 4.32% based on the median price in Suburb
With a capital gain of 0.63% for the last 12 months, Wynnum West, 4178 has performed for property investments than its average annual 3.42% property growth over the last 5 years.
The five-year average increase in median property values for Wynnum West,4178 has given property investors a potential capital gain of 10.40% across each of those five years.
Our latest figures would indicate that property sellers in Wynnum West are currently offering property investors an average price cut of -4.18% below the asking price at the moment.
With the median price for a house in Wynnum West being $342250 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 6.08%