If you compare the increase in value of investment property in Wongaling Beach, 4852 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -6.38%.
A 37.93% growth in median value for property investors in Wongaling Beach,4852 puts this suburb at number 956th in terms of best performing suburbs in QLD
Wongaling Beach, 4852’s gross rental yield is 4.96%
Wongaling Beach, 4852 ranked 219th in QLD when comparing growth in median property values or capital gain over the last 12 months. Wongaling Beach is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wongaling Beach has fallen somewhat when compared to the 5 year average annual rate.
With the median price for a house in Wongaling Beach being $215000 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 6.53%