Property value increases in Mount Warren Park have tracked just higher than the QLD average of 2.11% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mount Warren Park has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Mount Warren Park itself are offering an average vendor discount of -4.19% to real estate investors.
In the last year 91 properties changed hands in Mount Warren Park, which puts it as the 264th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Property investors who have had real estate in Mount Warren Park, 4207 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.00%
While Mount Warren Park,4207 ranked number 292th in QLD for increase in median house value (annualised) increase, it is ranked 264th over the last 5 years.
Mount Warren Park4207 is located in QLD which offers an average discount of -6.00% to property investors. Mount Warren Park itself is showing figures that indicate -4.79% is the average achievable by property buyers investing in the suburb.
A $265 per week rent on the median house gives suburb investors a gross yield of circa 7.12%, without taking into account capital value appreciation, which has been averaging out at 1.67%.