Boosting Housing Supply Critical To Warding Off Further Price Growth: NAB
NAB’s Ross McEwan fronted the economics committee on Friday and called on the government to enact “decisive moves”...
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 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%|