Property investments in BOWEN HILLS fare well against the rest of the country last year, registering a median home price increase of 16.2%.
Figures from the previous quarter show that capital gains for real estate buyers in BOWEN HILLS are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains BOWEN HILLS, 4006 saw average growth in the long term.
This means, real estate investors could earn a rental income of $625 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In BOWEN HILLS, homes and units usually stay on listing for an average of 38.7 days.
the QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $599,000
Investors saw the median home price rise to $599,000.
BOWEN HILLS ranks 61st on the list of best yielding suburbs for rental properties in QLD, posting a 5.43% return.