The suburb’s capital gain of 7.86% for the past year is lower than average compared to its 47.67% growth within a five-year period.
Also in BULIMBA, the median home price is sitting at $1,270,000, and the average rent at $725, this suggests property owners could potentially earn a 2.97% increase in gross rental yield.
Property investors have seen a 8.09% 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 4.83% growth over a ten-year period. It ranks 1631st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.86%||1.24%|
|Median 3 years||15.45%||1.84%|
|Median 5 years||47.67%||11.11%|
|10 years average annual||4.83%||3.32%|
|Weekly media advert. rent||$725||$470|
|Time on Market||87.6 days||74.2 days|
|Gross Rental Yield Percent||2.97%||4.01%|