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Burnett Heads

Suburb Profile

Burnett Heads - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4670

house

BURNETT HEADS, 4670 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling BURNETT HEADS, 4670 values up and netting property investors a capital gain of 17.63% for the past year.

Investors saw the median home price rise to $347,000.

Profits due to an upward trend in home prices in the suburb averaged 4.97% per annum over a 3-year period.

BURNETT HEADS now ranks at the 145th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in BURNETT HEADS are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $340 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In BURNETT HEADS, homes and units usually stay on listing for an average of 110.7 days.

In 2016, 68 properties were sold in BURNETT HEADS during the past year, making it the 156th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $347,000 N/A
GROWTH REPORT
Median Quarterly 6.36% N/A
Median 12 month 17.63% N/A
Median 3 years 14.9% N/A
Median 5 years 18.73% N/A
10 years average annual 1.69% N/A
Weekly media advert. rent $340 N/A
Time on Market 110.7 days N/A
Gross Rental Yield Percent 5.1% N/A
demographics (median values)
Total Population
2418
Weekly Household Income
606.1
Household Size
2.40
demographics
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