A steady increase in median property prices over a five-year period in the suburb translates to a 8.76% capital gain.
The suburb also 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 $372,500.
Profits due to an upward trend in home prices there averaged 2.92% per annum over a 3-year period.
Home owners selling their properties and realtors in BELLBIRD PARK usually have to wait an average of 71.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $340 mark, reflecting a 4.75% increase in returns based on the current median price in BELLBIRD PARK.
BELLBIRD PARK, 4300 places 656th in Australia based on median property value growth during the quarter.
Real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
Average weekly rents on listings have reached the $280 mark, reflecting a 6.93% increase in returns based on the current median price in BELLBIRD PARK.
BELLBIRD PARK, 4300 ranks 316th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
BELLBIRD PARK ranks 34th on the list of best yielding suburbs for rental properties in QLD, posting a 6.93% return.
Comparing the size of Geelong and...
Interesting stuff. Thank you. What about...
OMG this has got disaster written all...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal