AREA REPORTS

Bundaberg West

Suburb Profile

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

house
unit

Property investors have seen a 3.3% 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 $235,000

Profits averaged -4.74% 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 6.2%.

An average of 1.92 real estate transactions take place per month in BUNDABERG WEST which translates to 23 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $235,000 $185,000
GROWTH REPORT
Median Quarterly 3.3% -11.9%
Median 12 month -12.8% -9.76%
Median 3 years -14.23% -32.73%
Median 5 years -7.39% -13.95%
10 years average annual -1.01% -1.69%
Weekly media advert. rent $280 $270
Time on Market 101.4 days 0.0 days
Gross Rental Yield Percent 6.2% 7.59%
demographics (median values)
Total Population
2657
Weekly Household Income
566.7
Household Size
2.10
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

Businessman success

Big opportunities for property investors in 2019, expert tips

Labor’s negative gearing plans and softening house prices are creating a prime market for savvy investors, according to one expert. ...

House for rent

Vacancy rate creeps back up in Sydney, down in regional NSW

Vacancy rates are starting to rise back after last month’s decline, new data shows. ...

House being held

Only one capital city avoided value drop last week

Home values continued their continued decline over the last week, with the exception of one capital city holding steady, the latest data sho...

Construction of a house

New housing supply tipped to take hit

New housing supply will likely be impacted by a changing financing market for property investors, an industry boss predicts. ...

Brisbane

Brisbane performs better than other capital cities, says economist

As most capital city property markets follow a downward trend, Queensland’s capital Brisbane continues to thrive through its strong local ...

Blue print

Australian home sizes at 22-year low

New data from the ABS has highlighted the decline of the average new-home size, which is at its smallest level since 1996. ...