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Bundaberg South
AREA REPORTS

Bundaberg South

Bundaberg South - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4670

house
unit

Property investments in BUNDABERG SOUTH fare well against the rest of the country last year, registering a median home price increase of 17.52%.

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

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

Real estate investors could earn a rental income of $330 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 49.7 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 $275,000.

BUNDABERG SOUTH ranks 75th on the list of best yielding suburbs for rental properties in QLD, posting a 6.24% return.

Data report can be found below

Bundaberg South
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $275,000 $285,000
GROWTH REPORT
Median Quarterly 7.11% 2.61%
Median 12 month 17.52% 23.91%
Median 3 years 34.47% 39.02%
Median 5 years 20.61% 6.74%
10 years average annual 1.9% 11.96%
Weekly media advert. rent $330 $277.5
Time on Market 49.7 days 81.1 days
Gross Rental Yield Percent 6.24% 5.06%
demographics (median values)*
Total Population
3317
Weekly Household Income
605.5
Household Size
2.30
Age
35
Monthly Loan Repayment
910
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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