Investment property in Westcourt has done pretty 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 0.29%
Comparing Westcourt,4870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Westcourt is giving property investors an average Vendor Discount of around -6.60%. This puts suburb at number 389th in QLD when ranking the most discounted suburbs.
Westcourt, 4870’s gross rental yield is 5.44%
Giving property investors a a stable capital gain of 7.81% for the last year, Westcourt, 4870 is the 555th highest performer in Australia in this respect.
While Westcourt,4870 ranked number 250th in QLD for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.
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 Westcourt, 4870. Typically our figures indicate that -6.26% is being offered, which puts this QLD suburb at 403th most discounted overall in Australia.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 7.29%, without taking into account capital value appreciation, which has been averaging out at -1.21%.