Property investors have seen a -5.91% drop in BUNDABERG WEST based on a decrease 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 $262,500
Profits averaged 1.49% 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 $275 based on current median home prices for the suburb.
The gross rental yield in BUNDABERG WEST, 4670 is 5.45%.
An average of 1.83 real estate transactions take place per month in BUNDABERG WEST which translates to 22 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.25%||-5.85%|
|Median 3 years||4.48%||-9.49%|
|Median 5 years||9.83%||N/A|
|10 years average annual||1.23%||0.04%|
|Weekly media advert. rent||$275||$277.5|
|Time on Market||69.8 days||113.0 days|
|Gross Rental Yield Percent||5.45%||7.25%|