At number 4022th in the list of Australian suburbs ordered by increase in median house value over the last year, West End, 4810 is in the BOTTOM 10% with a property value increase of -15.38% recorded in median house prices.
While West End,4810 ranked number 457th in QLD for increase in median house value (annualised) increase, it is ranked 662th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that West End is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 79th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.
Advertised rents are around the $300 mark per week – giving a return of 4.73% based on the median price in Suburb
Giving property investors a a stable capital gain of 7.88% for the last year, West End, 4810 is the 613th highest performer in Australia in this respect.
Across a shorter period, West End, 4810 has seen a median price increase of -1.11% over the last quarter.
Vendor discounting in West End is giving property investors an average Vendor Discount of around -13.49%. This puts suburb at number 5th in QLD when ranking the most discounted suburbs.
The QLD suburb of West End, 4810 is in the Townsville local government area.