Investment property in White Rock has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.15%
Across a shorter period, White Rock, 4868 has seen a median price increase of -0.84% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in White Rock itself are offering an average vendor discount of -7.58% to real estate investors.
White Rock is 63th on a list of best yielding suburbs for rents in QLD with a 6.14% return
Property investors who have had real estate in White Rock, 4868 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.04%
When looking at the potential capital gains offered to property investors over the last 3 years, White Rock comes in at number 109th in QLD.
Property investors looking for a bargain in White Rock should be aiming for at least -5.94% off the asking price, which is the average vendor discount being achieved at the moment.