QLD/
Bundaberg west

Suburb Profile

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

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unit

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.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $225,000 $211,250
GROWTH REPORT
Median Quarterly 1.12% 3.05%
Median 12 month -15.09% 6.09%
Median 3 years -24.75% -5.48%
Median 5 years -8.16% -15.33%
10 years average annual -1.1% 1.33%
Weekly media advert. rent $280 $270
Time on Market 96.5 days 97.7 days
Gross Rental Yield Percent 6.47% 6.65%
demographics (median values)
Total Population
2657
Weekly Household Income
566.7
Household Size
2.10
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Bundaberg West, QLD
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