The post-budget guide to commercial property investing

Nambour

POSTAL CODE: QLD, 4560
HOUSE
UNIT

NAMBOUR, 4560 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling NAMBOUR, 4560 values up and netting property investors a capital gain of 14.56% for the past year.

Investors saw the median home price rise to $905,000.

Profits due to an upward trend in home prices in the suburb averaged 12.68% per annum over a 3-year period.

NAMBOUR now ranks at the 411th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $680 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In NAMBOUR, homes and units usually stay on listing for an average of 26.9 days.

In 2016, 241 properties were sold in NAMBOUR during the past year, making it the 531st most active market in QLD based on total real estate transactions.

Free investor loan check

Better property decisions start with smarter lending.

A free 15-minute finance check for property investors.

15 minutes Free No obligation

What are your lending goals?

Choose a goal to request a callback.

Ready to talk?

Book a 15-minute call →