AREA REPORTS

Bellara

 

 

QLD/
Bellara

Suburb Profile

Bellara - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4507

house
unit

Property investors enjoyed capital gains of 1.33% over the last 12 months in BELLARA, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 19.12% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.

On average, rents on listings have reached the $365 mark, reflecting a 4.99% increase in returns based on the current median price in BELLARA.

BELLARA, 4507 ranks 465th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 302nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.99% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $380,000 $315,000
GROWTH REPORT
Median Quarterly -2.56% 0%
Median 12 month 1.33% 4.56%
Median 3 years 19.12% 16.67%
Median 5 years 20.63% 17.1%
10 years average annual 1.76% 7.62%
Weekly media advert. rent $365 $332.5
Time on Market 49.5 days 84.7 days
Gross Rental Yield Percent 4.99% 5.49%
demographics (median values)
Total Population
2964
Weekly Household Income
584
Household Size
2.10
demographics
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