Giving property investors a a solid capital gain of 9.72% for the last year, West End, 4810 is the 589th highest performer in Australia in this respect.
While West End,4810 ranked number 225th in QLD for increase in median house value (annualised) increase, it is ranked 660th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in West End itself are offering an average vendor discount of -7.22% to real estate investors.
At number 1058 in a list of fastest selling suburbs, West End is in the TOP 30% of suburbs in Australia with an average of days on market 64 for properties listed there.
West End, 4810’s gross rental yield is 5.20%
West End is in the TOP 10% in QLD when comparing median price capital growth over the last year. West End gave property investors a very good capital gain figure when compared to the rest of the state, with 23.53%.
The five-year average increase in median property values for West End,4810 has given property investors a potential capital gain of -13.58% across each of those five years.
The most recent median price for West End is $210000, with sellers offering an average of -7.16% off the asking price.
Using the current median advertised rental of $250 and the average annual increase in value of a median property of -2.69%, investors should hope to achieve an overall return of 6.19%