Bellbird Park

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Homeowners and real estate investors betting on BELLBIRD PARK, 4300 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 12.5%.

A steady increase in median property prices over a five-year period in the suburb translates to a 20% capital gain.

Property investors in BELLBIRD PARK enjoyed capital gains of 12.5% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $450,000.

Profits due to an upward trend in home prices there averaged 6.67% per annum over a 3-year period.

Home owners selling their properties and realtors in BELLBIRD PARK usually have to wait an average of 49.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $400 mark, reflecting a 4.62% increase in returns based on the current median price in BELLBIRD PARK.

BELLBIRD PARK, 4300 places 110th in Australia based on median property value growth during the quarter.

Property investors in BELLBIRD PARK enjoyed capital gains of 16.63% over the last 12 months translating to lower returns compared with its peers in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BELLBIRD PARK are high, as opposed to average gains per annum over the past five years.

BELLBIRD PARK posted a 15.11% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

Real estate investors could earn a rental income of $270 based on current median home prices for the suburb.

Average weekly rents on listings have reached the $270 mark, reflecting a 5.3% increase in returns based on the current median price in BELLBIRD PARK.

BELLBIRD PARK, 4300 ranks 84th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

BELLBIRD PARK ranks 212th on the list of best yielding suburbs for rental properties in QLD, posting a 5.3% return.

Surburb overview

Bellbird Park is a suburb located in the local government area of the City of Ipswich. It is next to the suburbs of Augustine Heights, Redbank and Redbank Plains, and Springfield.

Residents adore Bellbird Park’s abundance of open green spaces, foliage-lined streets, and woody tracks, which are perfect for hikes, cycling and family picnics. For those who’d like to sweat it out indoors, Bellbird Park has an Indoor Centre, which houses a stadium and multipurpose room for local events.

The suburb also boasts a wide array of shops and retail centres. It has academic institutions to support the educational needs of its growing community: a high school has just been erected in Bellbird Park, drawing families to the community. A childcare centre is also underway.

Consumer confidence

Sustained growth is on the horizon for Bellbird Park as it adds hundreds to its populations, who are occupying new developments in the area. Buyers are pleased with its diverse property portfolio, which include both small lots and acreages. The affordable price is also a major factor.

The average price of homes on real estate listings for Bellbird Park range between $185,000 and $900,000. The median home price in Bellbird Park, however, is higher at $380,000, according to recent market data. This is the current rate of homes in the suburb, after posting a nearly 20 per cent growth for the past five years.