Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Property investors enjoyed capital gains of 42.37% over the last 12 months in BUDDINA, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 11.18% growth over a ten-year period. It ranks 3906th on our list of suburbs that property investors should look into.
BUDDINA, 4575 has a capital gain of 42.37% for the past year, which is higher than average compared to its 101.87% growth within a five-year period.
With the median home price in BUDDINA sitting at $1,352,500, and the average rent at $590, property owners could potentially earn a 2.27% increase in gross rental yield.
A 42.37% increase in median property prices in BUDDINA, 4575 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 71st.
Figures from the previous quarter show that capital gains for real estate buyers in BUDDINA are low, as opposed to average gains per annum over the past five years.
BUDDINA, 4575 in QLD belongs to the local government area of Sunshine Coast (R).
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||42.37%||4.8%|
|Median 3 years||74.52%||54.77%|
|Median 5 years||101.87%||59.4%|
|10 years average annual||11.18%||7.01%|
|Weekly media advert. rent||$590||$485|
|Time on Market||42.1 days||57.1 days|
|Gross Rental Yield Percent||2.27%||3.79%|