Property value increases in White Rock have tracked lower than the QLD average of 2.06% over the last 12 months.
The five-year average increase in median property values for White Rock,4868 has given property investors a potential capital gain of 0.85% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that White Rock is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 287th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in White Rock the average time real estate has been on the market is 97.73 days.
Advertised rents are around the $350 mark per week – giving a return of 6.12% based on the median price in Suburb
Giving property investors a a solid capital gain of 15.83% for the last year, White Rock, 4868 is the 191th highest performer in Australia in this respect.
Comparing White Rock,4868 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -4.63% to buyers in White Rock at the moment, which is less than average for the rest of QLD.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 1.52%, investors should hope to achieve an overall return of 6.36%