Wynnum West has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.83% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Wynnum West comes in at number 204th in QLD.
Wynnum West, 4178 is offering QLD ‘s 757th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
Property investors should expect to get $440 weekly from the median priced house in this suburb.
Investment property in Wynnum West has done pretty 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 0.29%
If we look at median property appreciation over just the last three months, Wynnum West has given property investors a paper return of -0.15%. This puts Suburb as 196 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Wynnum West should be aiming for at least -3.40% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 55 properties changed hands in Wynnum West, which puts it as the 162th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $400 mark per week – giving a return of 6.10% based on the median price in Suburb