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Burnett Heads
AREA REPORTS

Burnett Heads

Burnett Heads - 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 17.39% for the past year.

Investors saw the median home price rise to $405,000.

Profits due to an upward trend in home prices in the suburb averaged 8.99% per annum over a 3-year period.

BURNETT HEADS now ranks at the 644th 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 low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $360 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 40.1 days.

In 2016, 116 properties were sold in BURNETT HEADS during the past year, making it the 1016th most active market in QLD based on total real estate transactions.

Data report can be found below

Burnett Heads
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $405,000 N/A
GROWTH REPORT
Median Quarterly 3.85% N/A
Median 12 month 17.39% N/A
Median 3 years 26.96% N/A
Median 5 years 44.9% N/A
10 years average annual 3.8% N/A
Weekly media advert. rent $360 N/A
Time on Market 40.1 days N/A
Gross Rental Yield Percent 4.62% N/A
demographics (median values)*
Total Population
2418
Weekly Household Income
606.1
Household Size
2.40
Age
45
Monthly Loan Repayment
840
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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