If you compare the increase in value of investment property in Westbrook, 4350 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.96%.
The five-year average increase in median property values for Westbrook,4350 has given property investors a potential capital gain of 5.59% across each of those five years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.74% offered to property buyers. Sellers in Westbrook itself are offering an average vendor discount of -4.30% to real estate investors.
Often selling an investment property can take time, and in Westbrook the average time real estate has been on the market is 69.3077 days.
Advertised rents are around the $405 mark per week – giving a return of 4.46% based on the median price in Suburb