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Bargara
AREA REPORTS

Bargara

Bargara - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4670

house
unit

Property investments in BARGARA fare well against the rest of the country last year, registering a median home price increase of 20.74%.

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

Based on its average 5-year and quarterly capital gains BARGARA, 4670 saw average growth in the long term.

Real estate investors could earn a rental income of $475 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 25.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $505,000.

BARGARA ranks 244th on the list of best yielding suburbs for rental properties in QLD, posting a 4.89% return.

Data report can be found below

Bargara
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $505,000 $425,000
GROWTH REPORT
Median Quarterly 3.06% -3.41%
Median 12 month 20.74% 19.3%
Median 3 years 37.6% 20.74%
Median 5 years 36.49% 31.78%
10 years average annual 3.82% 3.92%
Weekly media advert. rent $475 $400
Time on Market 25.7 days 67.6 days
Gross Rental Yield Percent 4.89% 4.89%
demographics (median values)*
Total Population
5524
Weekly Household Income
764.9
Household Size
2.30
Age
44
Monthly Loan Repayment
1108
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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