At number 2472th in the list of Australian suburbs ordered by increase in median house value over the last year, Wyreema, 4352 is in the BOTTOM 40% with a property value increase of -1.52% recorded in median house prices.
Over the longer term, Wyreema has seen property prices show investors a 1.56% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -4.84% to buyers in Wyreema at the moment, which is less than average for the rest of QLD.
At number 2007 in a list of fastest selling suburbs, Wyreema is just in the bottom half of suburbs in Australia with an average of days on market 80 for properties listed there.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.60%, without taking into account capital value appreciation, which has been averaging out at 0.25%.