Over the last year, property investments in North Ward, 4810 have given investors a capital gain of -0.76%. This compares badly with the 1.98% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, North Ward comes in at number 648th in QLD.
Our latest figures would indicate that property sellers in North Ward are currently offering property investors an average price cut of -19.70% below the asking price at the moment.
With the median price for a house in North Ward being $650000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 2.80%
Property value increases in North Ward have tracked lower than the QLD average of 0.77% 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 North Ward has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that North Ward is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 15th in terms of most discounted suburbs in QLD
With the median price for a house in North Ward being $270000 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 5.68%