Popular lenders issue spate of rate cuts
Facing the prospect of an official rate cut soon, the major banks have been cutting their home loan rates out of cycle. Which of the popular...
Property investors enjoyed capital gains of 2.02% over the last 12 months in BILOELA, translating to lower returns compared with its peers in QLD.
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a -0.51% decrease over a ten-year period. It ranks 4322nd on our list of suburbs that property investors should look into.
BILOELA, 4715 has a capital gain of 2.02% for the past year, which is higher than average compared to its -6.93% growth within a five-year period.
With the median home price in BILOELA sitting at $265,250, and the average rent at $330, property owners could potentially earn a 6.47% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BILOELA are low, as opposed to average gains per annum over the past five years.
BILOELA, 4715 in QLD belongs to the local government area of Banana (S).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $265,250 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.44% | N/A |
| Median 12 month | 2.02% | N/A |
| Median 3 years | -14.44% | N/A |
| Median 5 years | -6.93% | N/A |
| 10 years average annual | -0.51% | N/A |
| Weekly media advert. rent | $330 | N/A |
| Time on Market | 131.6 days | N/A |
| Gross Rental Yield Percent | 6.47% | N/A |
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