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Burrum Heads

Suburb Profile

Burrum Heads - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4659

house

Property investors enjoyed capital gains of 3.21% over the last 12 months in BURRUM HEADS, translating to lower returns compared with its peers in QLD.

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

The suburb posted a 2.2% 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 $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 5.6% increase in returns based on the current median price in BURRUM HEADS.

BURRUM HEADS, 4659 ranks 497th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 177th on the list of best yielding suburbs for rental properties in QLD, posting a 5.6% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $418,000 N/A
GROWTH REPORT
Median Quarterly 3.85% N/A
Median 12 month 3.21% N/A
Median 3 years 2.2% N/A
Median 5 years 15.07% N/A
10 years average annual 0.87% N/A
Weekly media advert. rent $450 N/A
Time on Market 129.0 days N/A
Gross Rental Yield Percent 5.6% N/A
demographics (median values)
Total Population
1223
Weekly Household Income
554.7
Household Size
2.10
demographics
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Household Income
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