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 $227,500
Profits averaged -7.18% 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 6.4%.
An average of 1.67 real estate transactions take place per month in BUNDABERG WEST which translates to 20 per annum.
Property investments in BUNDABERG WEST fare well against the rest of the country last year, registering a median home price increase of 5.46%.
Based on its average 5-year and quarterly capital gains BUNDABERG WEST, 4670 saw average growth in the long term.
This means, real estate investors could earn a rental income of $265 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 108.0 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 $210,000
Investors saw the median home price rise to $210,000.
BUNDABERG WEST ranks 53rd on the list of best yielding suburbs for rental properties in QLD, posting a 6.56% return.
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