At number 3598th in the list of Australian suburbs ordered by increase in median house value over the last year, White Rock, 4868 is in the BOTTOM 20% with a property value increase of -6.36% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, White Rock comes in at number 476th in QLD.
At number 271th of QLD’s most discounted properties, White Rock is in the bottom 40% of the state/territory when listing in order of most discounted to least.
White Rock, 4868’s gross rental yield is 5.89%
QLD has seen average median house prices change by 1.12% which means that White Rock, 4868 has done well for property investors by showing a capital gain of 13.70% over the last year
A 6.92% growth in median value for property investors in White Rock,4868 puts this suburb at number 52th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that White Rock is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 205th in terms of most discounted suburbs in QLD
A $340 per week rent on the median house gives suburb investors a gross yield of circa 6.36%, without taking into account capital value appreciation, which has been averaging out at 1.66%.