With a capital gain of -3.84% for the last 12 months, Westcourt, 4870 has performed for property investments than its average annual 1.85% property growth over the last 5 years.
While Westcourt,4870 ranked number 673th in QLD for increase in median house value (annualised) increase, it is ranked 311th over the last 5 years.
Sellers are offering property buyers an average discount of -7.52% to buyers in Westcourt at the moment, which is less than average for the rest of QLD.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
QLD has seen average median house prices change by 0.98% which means that Westcourt, 4870 has done well for property investors by showing a capital gain of -7.83% over the last year
If we look at median property appreciation over just the last three months, Westcourt has given property investors a paper return of -0.48%. This puts Suburb as 199 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Westcourt should be aiming for at least -5.68% off the asking price, which is the average vendor discount being achieved at the moment.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 7.07%, without taking into account capital value appreciation, which has been averaging out at -2.81%.