Wongaling Beach has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 18.75% to date .
Property buyers and investors in Wongaling Beach 4852 should be seeing an average reduction in asking price of around -12.04% . This means that Wongaling Beach is holding prices well when compared to other suburbs in QLD.
Property investors should expect to get $342.5 weekly from the median priced house in this suburb.
With a capital gain of 11.36% for the last 12 months, Wongaling Beach, 4852 has performed for property investments than its average annual 14.61% property growth over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Wongaling Beach itself are offering an average vendor discount of -9.55% to real estate investors.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
With the median price for a house in Wongaling Beach being $245000 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 5.31%