Property investors enjoyed capital gains of 14.94% over the last 12 months in TALLEBUDGERA, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 3.57% growth over a ten-year period. It ranks 2121st on our list of suburbs that property investors should look into.
TALLEBUDGERA, 4228 has a capital gain of 14.94% for the past year, which is higher than average compared to its 47.61% growth within a five-year period.
With the median home price in TALLEBUDGERA sitting at $911,500, and the average rent at $670, property owners could potentially earn a 3.82% increase in gross rental yield.
A 14.94% increase in median property prices in TALLEBUDGERA, 4228 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 14th.
Figures from the previous quarter show that capital gains for real estate buyers in TALLEBUDGERA are low, as opposed to average gains per annum over the past five years.
TALLEBUDGERA, 4228 in QLD belongs to the local government area of Gold Coast.