AREA REPORTS

Bellara

 

 

Suburb Profile

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

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unit

Property investors enjoyed capital gains of 9.24% 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 16.94% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $370 based on current median home prices for the suburb.

On average, rents on listings have reached the $370 mark, reflecting a 4.93% increase in returns based on the current median price in BELLARA.

BELLARA, 4507 ranks 162nd in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 280th on the list of best yielding suburbs for rental properties in QLD, posting a 4.93% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,000 $315,000
GROWTH REPORT
Median Quarterly 4% -0.94%
Median 12 month 9.24% 7.88%
Median 3 years 16.94% 15.07%
Median 5 years 22.64% 16.67%
10 years average annual 1.52% 7.55%
Weekly media advert. rent $370 $322.5
Time on Market 57.4 days 96.2 days
Gross Rental Yield Percent 4.93% 5.32%
demographics (median values)
Total Population
2964
Weekly Household Income
584
Household Size
2.10
demographics
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