At number 4031th in the list of Australian suburbs ordered by increase in median house value over the last year, Two Wells, 5501 is in the BOTTOM 10% with a property value increase of -26.35% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Two Wells,5501 has racked up an average of -26.35% over the period. This ranks it number 3989th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Two Wells should be aiming for at least -5.47% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Two Wells being $272500 and the advertised rent reaching $422.5 the gross rental yield for property investors calculates out to be 8.06%