Investment property in Westcourt has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.84%
Westcourt,4870 has offered an average of 14.84% return per annum in house price rises to property investors over the last three years.
The most recent median price for Westcourt is $387000, with sellers offering an average of -5.83% off the asking price.
With the median price for a house in Westcourt being $387000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 5.78%
Property investors who have had real estate in Westcourt, 4870 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.25%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Westcourt has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Westcourt is offering property investors an average of -4.64. This rate of discount on properties puts Suburb at number 86th in terms of most discounted suburbs in QLD
In the last year 69 properties changed hands in Westcourt, which puts it as the 132th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Westcourt being $225000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 6.93%