PROPERTY SHOWCASE: How To Be The Boss Of Your Own Property Investment Journey
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The suburb’s capital gain of 3.85% for the past year is higher than average compared to its 12.27% growth within a five-year period.
Also in BULIMBA, the median home price is sitting at $1,350,000, and the average rent at $850, this suggests property owners could potentially earn a 3.27% increase in gross rental yield.
Property investors have seen a 2.27% 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 4.88% growth over a ten-year period. It ranks 2124th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.85%||-4.16%|
|Median 3 years||4.65%||3.75%|
|Median 5 years||12.27%||3.92%|
|10 years average annual||4.88%||1.62%|
|Weekly media advert. rent||$850||$500|
|Time on Market||61.3 days||58.7 days|
|Gross Rental Yield Percent||3.27%||4.18%|