Property investors enjoyed capital gains of 10.18% 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 31.93% 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 $615 based on current median home prices for the suburb.
On average, rents on listings have reached the $615 mark, reflecting a 4.07% increase in returns based on the current median price in BELLARA.
BELLARA, 4507 ranks 651st in QLD in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 262nd on the list of best yielding suburbs for rental properties in QLD, posting a 4.07% return.
Property investors have seen a 2.06% gain in BELLARA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BELLARA, 4507 saw average growth in the long term.
BELLARA, 4507 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 $643,000.
Profits due to an upward trend in home prices in BELLARA, 4507 averaged 12.27% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $495 based on current median home prices for the suburb.
The gross rental yield in BELLARA, 4507 is 4%.
An average of 2.33 real estate transactions take place per month in BELLARA which translates to 28 per annum.