The suburb’s capital gain of -7.07% for the past year is lower than average compared to its 32.94% growth within a five-year period.
Also in BULIMBA, the median home price is sitting at $1,130,000, and the average rent at $695, this suggests property owners could potentially earn a 3.2% increase in gross rental yield.
Property investors have seen a -0.44% drop in BULIMBA 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 3.83% growth over a ten-year period. It ranks 2195th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-7.07%||-0.41%|
|Median 3 years||8.55%||5.24%|
|Median 5 years||32.94%||11.99%|
|10 years average annual||3.83%||3.33%|
|Weekly media advert. rent||$695||$470|
|Time on Market||93.7 days||66.1 days|
|Gross Rental Yield Percent||3.2%||4.06%|