Property investors have seen a 1.12% gain in BUNDABERG WEST based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains BUNDABERG WEST, 4670 saw average growth in the long term.
The QLD 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 $225,000
Profits averaged -8.25% per annum over a 3-year period, due to an downward trend in home prices in BUNDABERG WEST, 4670.
This means, real estate investors could earn a rental income of $280 based on current median home prices for the suburb.
The gross rental yield in BUNDABERG WEST, 4670 is 6.47%.
An average of 1.75 real estate transactions take place per month in BUNDABERG WEST which translates to 21 per annum.
Property investments in BUNDABERG WEST fare well against the rest of the country last year, registering a median home price increase of 6.09%.
Figures from the previous quarter show that capital gains for real estate buyers in BUNDABERG WEST are high, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $270 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In BUNDABERG WEST, homes and units usually stay on listing for an average of 97.7 days.
the QLD 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 $211,250
Investors saw the median home price rise to $211,250.
BUNDABERG WEST ranks 44th on the list of best yielding suburbs for rental properties in QLD, posting a 6.65% return.
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