BANYO ranks 268th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 1.42% for the past year is lower than average compared to its 35.44% growth within a five-year period.
Also in BANYO, the median home price is sitting at $535,000, and the average rent at $420, this suggests property owners could potentially earn a 4.08% increase in gross rental yield.
Property investors have seen a -0.56% drop in BANYO based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.31% growth over a ten-year period. It ranks 2259th on our list of suburbs that property investors should look into.