Over the last year, property investments in Wongaling Beach, 4852 have given investors a capital gain of -5.90%. This compares very badly with the 2.40% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Wongaling Beach,4852 has racked up an average of -5.90% over the period. This ranks it number 3952th in the whole country for real estate investors looking at median house price increases.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Wongaling Beach itself are offering an average vendor discount of -12.26% to real estate investors.
With the median price for a house in Wongaling Beach being $319000 and the advertised rent reaching $345 the gross rental yield for property investors calculates out to be 5.62%
Giving property investors a a solid capital gain of 25.64% for the last year, Wongaling Beach, 4852 is the 63th highest performer in Australia in this respect.
Wongaling Beach,4852 has offered an average of 25.64% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Wongaling Beach is offering property investors an average of -5.70. This rate of discount on properties puts Suburb at number 7th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Wongaling Beach the average time real estate has been on the market is 207.2 days.
Wongaling Beach is 147th on a list of best yielding suburbs for rents in QLD with a 5.62% return