Property value increases in White Rock have tracked lower than the QLD average of 2.39% over the last 12 months.
Across a shorter period, White Rock, 4868 has seen a median price increase of -0.84% over the last quarter.
White Rock, 4868 is offering QLD ‘s 234th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
In the last year 55 properties changed hands in White Rock, which puts it as the 411th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.
Giving property investors a an average capital gain of 2.33% for the last year, White Rock, 4868 is the 890th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, White Rock,4868 has racked up an average of 2.33% over the period. This ranks it number 847th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in White Rock are currently offering property investors an average price cut of -5.40% below the asking price at the moment.
Often selling an investment property can take time, and in White Rock the average time real estate has been on the market is 121.39 days.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 0.79%, investors should hope to achieve an overall return of 6.72%