At number 2195th in the list of Australian suburbs ordered by increase in median house value over the last year, West End, 4810 is in the BOTTOM 50% with a property value increase of 4.55% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in West End has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that West End is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 59th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $3840 per annum or $320 every week.
West End is in the bottom 20% in QLD when comparing median price capital growth over the last year. West End gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.87%.
Comparing West End,4810 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property buyers and investors in West End 4810 should be seeing an average reduction in asking price of around -12.28% . This means that West End is holding prices well when compared to other suburbs in QLD.
Residents and property investors in West End have been waiting around 107.06 days to sell a property.
With the median price for a house in West End being $164000 and the advertised rent reaching $225 the gross rental yield for property investors calculates out to be 7.13%