West Rockhampton has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.67% to date .
If we look at median property appreciation over just the last three months, West Rockhampton has given property investors a paper return of 0.00%. This puts Suburb as 351 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in West Rockhampton should be aiming for at least -14.74% off the asking price, which is the average vendor discount being achieved at the moment.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 7.18%, without taking into account capital value appreciation, which has been averaging out at -1.76%.