Powered by MOMENTUM MEDIA
AREA REPORTS

Bundaberg North

Suburb Profile

Bundaberg North - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4670

house
unit

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $252,000.

The upward trend in home prices in BUNDABERG NORTH, 4670 averaged 4% per annum over a 3-year period.

Average weekly rents on listings have reached the $305 mark, reflecting a 6.29% increase in returns based on the current median price in BUNDABERG NORTH.

An average of 5.58 real estate transactions take place per month in BUNDABERG NORTH which translates to 67 per annum.

67 properties were sold in BUNDABERG NORTH in 2016, making it the 155th most active market in QLD based on total real estate transactions.

BUNDABERG NORTH, 4670 places 118th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $252,000 $170,000
GROWTH REPORT
Median Quarterly 6.78% -6.85%
Median 12 month 15.07% -10.76%
Median 3 years 12% -30.61%
Median 5 years 13.51% -15%
10 years average annual 0.23% -2.13%
Weekly media advert. rent $305 $257.5
Time on Market 116.5 days 0.0 days
Gross Rental Yield Percent 6.29% 7.88%
demographics (median values)
Total Population
5244
Weekly Household Income
633.6
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Jeremy Sheppard

Why buying under market value is not always a good idea

Most investors believe that sourcing a bargain property is like striking gold, but one expert explains why it could signal trouble. ...

property market trends

4 factors affecting property market trends in 2021

Following a tough 2020, property investment activity is expected to rebound strong, expanding by 50 per cent in the second half of 2021. ...

HomeBuilder applications

HomeBuilder applications soar as first-timers enter the market in record numbers

Record numbers of first home buyers are coming into the market assisted by the government’s HomeBuilder stimulus, which is expected to hel...

commercial property

Record commercial property bank debt to subside as banks rethink their exposure

2020 was a big year for Australian commercial real estate (CRE), with new figures pointing to record bank debt for the sector in excess of $...

Perth

Strong sales to boost Perth’s median house price by 10% in 2021

Banksia Grove has emerged as Western Australia’s top suburb by sales activity growth in December, with experts predicting strong sales act...

New home sales reach two-decade high

New home sales reach two-decade high

Home sales have soared for the month of December, doubling compared with the number of sales recorded in November, new research has reveale...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.