Over the last year, property investments in White Rock, 4868 have given investors a capital gain of -8.47%. This compares very badly with the 2.38% for QLD as a whole.
White Rock,4868 was ranked 3643 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in White Rock, 4868. Typically our figures indicate that -7.63% is being offered, which puts this QLD suburb at 966th most discounted overall in Australia.
White Rock is 64th on a list of best yielding suburbs for rents in QLD with a 6.07% return
At number 475th in the list of Australian suburbs ordered by increase in median house value over the last year, White Rock, 4868 is in the top 30% with a property value increase of 8.38% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in White Rock has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.26% to buyers in White Rock at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
With the median price for a house in White Rock being $265000 and the advertised rent reaching $335 the gross rental yield for property investors calculates out to be 6.57%