Investment property in North Ward has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -15.22%
Taking the average capital gain, or increase in median house value, North Ward,4810 has racked up an average of -15.22% over the period. This ranks it number 3484th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -18.97% to buyers in North Ward at the moment, which is less than average for the rest of QLD.
In the last year 45 properties changed hands in North Ward, which puts it as the 478th most active market in QLD when comparing the number of sales per suburb.
North Ward is 720th on a list of best yielding suburbs for rents in QLD with a 3.11% return
Investment property in North Ward has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -18.69%
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.
At number 14th of QLD’s most discounted properties, North Ward is in the bottom 10% of the state/territory when listing in order of most discounted to least.
With the median price for a house in North Ward being $257750 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.85%