Over the last year, property investments in Wongaling Beach, 4852 have given investors a capital gain of 18.75%. This compares very favourably with the 1.88% for QLD as a whole.
Wongaling Beach,4852 was ranked 30 in Australia by increase in median property value over the quarter.
At number 78th of QLD’s most discounted properties, Wongaling Beach is in the bottom 10% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
With a capital gain of 6.82% for the last 12 months, Wongaling Beach, 4852 has performed for property investments than its average annual 12.90% property growth over the last 5 years.
The most recent median price for Wongaling Beach is $235000, with sellers offering an average of -10.19% off the asking price.
Advertised rents are around the $250 mark per week – giving a return of 5.53% based on the median price in Suburb