Over the last year, property investments in Waterford, 4133 have given investors a capital gain of -3.19%. This compares very badly with the 2.98% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Waterford,4133 has racked up an average of -3.19% over the period. This ranks it number 2448th in the whole country for real estate investors looking at median house price increases.
Waterford4133 is located in QLD which offers an average discount of -6.78% to property investors. Waterford itself is showing figures that indicate -4.49% is the average achievable by property buyers investing in the suburb.
A $402.5 per week rent on the median house gives suburb investors a gross yield of circa 5.10%, without taking into account capital value appreciation, which has been averaging out at 1.60%.
Waterford has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -7.60% to date .
Waterford,4133 was ranked 1640 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Waterford is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 49th in terms of most discounted suburbs in QLD
Advertised rents are around the $325 mark per week – giving a return of 7.32% based on the median price in Suburb