With a capital gain of -1.44% for the last 12 months, North Ward, 4810 has performed for property investments than its average annual 3.06% property growth over the last 5 years.
Over the longer term, North Ward has seen property prices show investors a -0.87% return over the last 3 years. This is worse than over the last 12 months
North Ward4810 is located in QLD which offers an average discount of -7.21% to property investors. North Ward itself is showing figures that indicate -15.39% is the average achievable by property buyers investing in the suburb.
In the last year 34 properties changed hands in North Ward, which puts it as the 560th most active market in QLD when comparing the number of sales per suburb.
At number 1533th in the list of Australian suburbs ordered by increase in median house value over the last year, North Ward, 4810 is in the BOTTOM 20% with a property value increase of -8.41% recorded in median house prices.
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.
Property investors looking for a bargain in North Ward should be aiming for at least -10.75% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 7.67 sales per month, which equates to 92 per year.
Using the current median advertised rental of $300 and the average annual increase in value of a median property of 1.48%, investors should hope to achieve an overall return of 5.41%