BULIMBA ranks 381st in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 9.72% for the past year is higher than average compared to its 38.8% growth within a five-year period.
Also in BULIMBA, the median home price is sitting at $1,270,000, and the average rent at $700, this suggests property owners could potentially earn a 2.87% increase in gross rental yield.
Property investors have seen a 0.4% gain in BULIMBA based on an increase 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 4.46% growth over a ten-year period. It ranks 1726th on our list of suburbs that property investors should look into.
A 6.72% increase in median property prices in BULIMBA, 4171 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 77th.
A steady increase in median property prices over a five-year period in BULIMBA, 4171 translates to a 7.08% capital gain.
BULIMBA, 4171 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $627,500.
Augmented property values in BULIMBA are trailing above the QLD average of 0.71% for the past year.
Real estate investors could earn a rental income of $470 based on current median home prices for the suburb.
Home owners selling their properties and realtors in BULIMBA usually have to wait an average of 100.0 days days before their assets are lifted off the market.
BULIMBA ranks 348th on the list of best yielding suburbs for rental properties in QLD, posting a 3.89% return.
BULIMBA, 4171 places 72nd in Australia based on median property value growth during the quarter.