Property investors who have had real estate in Willowbank, 4306 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 -11.89%
Taking the average capital gain, or increase in median house value, Willowbank,4306 has racked up an average of -11.89% over the period. This ranks it number 2527th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Willowbank itself are offering an average vendor discount of -5.44% to real estate investors.
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
Advertised rents are around the $380 mark per week – giving a return of 6.27% based on the median price in Suburb