Bundaberg South

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 12.43%.

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 BUNDABERG SOUTH, 4670 saw average growth in the long term.

Real estate investors could earn a rental income of $550 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 23.3 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 $520,000.

BUNDABERG SOUTH ranks 48th on the list of best yielding suburbs for rental properties in QLD, posting a 5.5% return.

BUNDABERG SOUTH, 4670 ranks 369th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 18.19% for property investors last year.

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

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

Profits due to an upward trend in home prices in BUNDABERG SOUTH, 4670 averaged 23.4% per annum over a 3-year period.

Average weekly rents on listings have reached the $390 mark, reflecting a 4.77% increase in returns based on the current median price in BUNDABERG SOUTH.

An average of 2 real estate transactions take place per month in BUNDABERG SOUTH which translates to 24 per annum.

24 properties were sold in BUNDABERG SOUTH during the past year, making it the 236th most active market in QLD based on total real estate transactions.

BUNDABERG SOUTH, 4670 places 252nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$520,000	$425,500
Growth Report
Median Quarterly	2.36%	2.53%
Median 12 month	12.43%	18.19%
Median 3 years	54.07%	70.2%
Median 5 years	123.18%	90.81%
10 years average annual	8.37%	11.16%
Weekly media advert. rent	$550	$390
Time on Market	23.3 days	27.9 days
Gross Rental Yield Percent	5.5%	4.77%

Demographics (Median Values)*

Total Population 3317

Weekly Household Income 605.5

Household Size 2.30

Average 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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