Property investors enjoyed capital gains of 11.7% over the last 12 months in BUNDALL, translating to lower returns compared with its peers in QLD.
Figures from the previous quarter show that capital gains for real estate buyers in BUNDALL are low, as opposed to average gains per annum over the past five years.
The suburb posted a 29.63% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.
On average, rents on listings have reached the $700 mark, reflecting a 3.47% increase in returns based on the current median price in BUNDALL.
BUNDALL, 4217 ranks 110th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 651st on the list of best yielding suburbs for rental properties in QLD, posting a 3.47% return.
Property investors have seen a -1.43% drop in BUNDALL based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BUNDALL, 4217 saw average growth in the long term.
BUNDALL, 4217 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $440,000.
Profits due to an upward trend in home prices in BUNDALL, 4217 averaged 9.13% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $435 based on current median home prices for the suburb.
The gross rental yield in BUNDALL, 4217 is 5.14%.
An average of 5.75 real estate transactions take place per month in BUNDALL which translates to 69 per annum.
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