Based on its average 5-year and quarterly capital gains BILINGA, 4225 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BILINGA, 4225 obtained a 14.11% growth over a ten-year period. It ranks 3042nd on our list of suburbs that property investors should look into.
BILINGA, 4225 in QLD belongs to the local government area of Gold Coast.
BILINGA, 4225 has a capital gain of 24.49% for the past year, which is higher than average compared to its 87.07% growth within a five-year period.
With the median home price in BILINGA sitting at $846,500, and the average rent at $450, property owners could potentially earn a 2.76% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BILINGA are low, as opposed to average gains per annum over the past five years.
A 24.49% increase in median property prices in BILINGA, 4225 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 27th.
A steady increase in median property prices over a five-year period in BILINGA, 4225 translates to a 36.77% capital gain.
Property investors enjoyed capital gains of 6% over the last 12 months in BILINGA, translating to lower returns compared with its peers in QLD.
BILINGA, 4225 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 $530,000.
Profits due to an upward trend in home prices in BILINGA, 4225 averaged 12.26% per annum over a 3-year period.
Home owners selling their properties and realtors in BILINGA usually have to wait an average of 82.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $440 mark, reflecting a 4.32% increase in returns based on the current median price in BILINGA.
BILINGA, 4225 places 37th in Australia based on median property value growth during the quarter.