QLD/
Bundaberg west

Suburb Profile

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

house
unit

Property investors have seen a -5.91% drop in BUNDABERG WEST based on a decrease 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 $262,500

Profits averaged 1.49% per annum over a 3-year period, due to an upward trend in home prices in BUNDABERG WEST, 4670.

This means, real estate investors could earn a rental income of $275 based on current median home prices for the suburb.

The gross rental yield in BUNDABERG WEST, 4670 is 5.45%.

An average of 1.83 real estate transactions take place per month in BUNDABERG WEST which translates to 22 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $262,500 $199,125
GROWTH REPORT
Median Quarterly -5.91% -2.87%
Median 12 month 8.25% -5.85%
Median 3 years 4.48% -9.49%
Median 5 years 9.83% N/A
10 years average annual 1.23% 0.04%
Weekly media advert. rent $275 $277.5
Time on Market 69.8 days 113.0 days
Gross Rental Yield Percent 5.45% 7.25%
demographics (median values)
Total Population
2657
Weekly Household Income
566.7
Household Size
2.10
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