Giving property investors a an unimpressive capital gain of -0.93% for the last year, Wurtulla, 4575 is the 3175th highest performer in Australia in this respect.
Wurtulla,4575 has offered an average of -0.93% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Wurtulla is giving property investors an average Vendor Discount of around -4.38%. This puts suburb at number 707th in QLD when ranking the most discounted suburbs.
In the last year 133 properties changed hands in Wurtulla, which puts it as the 163th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Wurtulla being $535000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.47%
Property value increases in Wurtulla have tracked lower than the QLD average of 0.66% over the last 12 months.
Wurtulla,4575 was ranked 519 in Australia by increase in median property value over the quarter.
Vendor discounting in Wurtulla is giving property investors an average Vendor Discount of around -5.17%. This puts suburb at number 197th in QLD when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Wurtulla the average time real estate has been on the market is 83.54 days.
Using the current median advertised rental of $407.5 and the average annual increase in value of a median property of 4.92%, investors should hope to achieve an overall return of 6.05%