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Bundaberg WestBundaberg West - SUBURB PROFILE REPORT
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Property investors have seen a 0.62% 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 $243,500
Profits averaged 3.98% 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 $300 based on current median home prices for the suburb.
The gross rental yield in BUNDABERG WEST, 4670 is 6.41%.
An average of 2.67 real estate transactions take place per month in BUNDABERG WEST which translates to 32 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $243,500 | $208,000 |
| GROWTH REPORT | ||
| Median Quarterly | 0.62% | 2.72% |
| Median 12 month | 8.22% | -0.48% |
| Median 3 years | 11.95% | -0.95% |
| Median 5 years | 3.18% | -27.02% |
| 10 years average annual | 0.05% | -3.2% |
| Weekly media advert. rent | $300 | $252.5 |
| Time on Market | 63.1 days | 158.0 days |
| Gross Rental Yield Percent | 6.41% | 6.31% |
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