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Australia’s property million-dollar club has continued to grow, as new research shows that more than one in five homes...
Property investors have seen a 10.07% gain in BUNDABERG WEST based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on BUNDABERG WEST, 4670 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 21.9%.
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 $295,000
Profits averaged 5% 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 $350 based on current median home prices for the suburb.
The gross rental yield in BUNDABERG WEST, 4670 is 6.17%.
An average of 5.58 real estate transactions take place per month in BUNDABERG WEST which translates to 67 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||21.9%||15.01%|
|Median 3 years||15.01%||4.4%|
|Median 5 years||11.95%||12.36%|
|10 years average annual||3.05%||0.13%|
|Weekly media advert. rent||$350||$280|
|Time on Market||48.9 days||103.4 days|
|Gross Rental Yield Percent||6.17%||6.13%|