Property investors who have had real estate in Wandal, 4700 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 -17.13%
Across a shorter period, Wandal, 4700 has seen a median price increase of -8.99% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Wandal itself are offering an average vendor discount of -13.52% to real estate investors.
At number 3065 in a list of fastest selling suburbs, Wandal is in the bottom 20% of suburbs in Australia with an average of days on market 113.19 for properties listed there.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.87%, without taking into account capital value appreciation, which has been averaging out at 0.13%.