QLD/
Banksia beach

Suburb Profile

Banksia Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4507

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unit

A steady increase in median property prices over a five-year period in the suburb translates to a 12.24% capital gain.

It 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 $550,000

The augmented property values in the suburb are trailing behind the territorial average of 2.39% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $450.

Home owners selling their properties and realtors in BANKSIA BEACH usually have to wait an average of 80.7 days days before their assets are lifted off the market.

The QLD suburb ranks 506th on the list of best yielding suburbs for rental properties in QLD, posting a 4.25% return.

It also places places 445th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 $360,000
GROWTH REPORT
Median Quarterly 0.27% -2.04%
Median 12 month -0.45% -11.55%
Median 3 years 12.24% 0.84%
Median 5 years 13.99% 7.46%
10 years average annual 2.28% 1.86%
Weekly media advert. rent $450 $480
Time on Market 80.7 days 154.6 days
Gross Rental Yield Percent 4.25% 6.93%
demographics (median values)
Total Population
4769
Weekly Household Income
819.8
Household Size
2.50
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Capital Gains Tax (CGT) Calculator

Banksia Beach, QLD
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