Investment property in West End has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.57%
While West End,4810 ranked number 272th in QLD for increase in median house value (annualised) increase, it is ranked 516th over the last 5 years.
Property buyers and investors in West End 4810 should be seeing an average reduction in asking price of around -6.59% . This means that West End is holding prices well when compared to other suburbs in QLD.
In the last year 34 properties changed hands in West End, which puts it as the 560th most active market in QLD when comparing the number of sales per suburb.
Situated 1109.41km from the CBD, West End is one of Townsville localities in the postcode 4810.
West End is in the bottom 10% in QLD when comparing median price capital growth over the last year. West End gave property investors a dismal capital gain figure when compared to the rest of the state, with -26.67%.
When looking at the potential capital gains offered to property investors over the last 3 years, West End comes in at number 347th in QLD.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.70% offered to property buyers. Sellers in West End itself are offering an average vendor discount of -10.91% to real estate investors.
Renters in Suburb are facing rents around $3000 per annum or $250 every week.