Property investors who have had real estate in Walkervale, 4670 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 -6.61%
Across a shorter period, Walkervale, 4670 has seen a median price increase of -0.47% over the last quarter.
Our latest figures would indicate that property sellers in Walkervale are currently offering property investors an average price cut of -8.89% below the asking price at the moment.
A $275 per week rent on the median house gives suburb investors a gross yield of circa 6.75%, without taking into account capital value appreciation, which has been averaging out at 0.02%.