Based on its average 5-year and quarterly capital gains BALGAL BEACH, 4816 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that BALGAL BEACH, 4816 obtained a 2.24% growth over a ten-year period. It ranks 3026th on our list of suburbs that property investors should look into.
BALGAL BEACH, 4816 in QLD belongs to the local government area of Townsville.
BALGAL BEACH, 4816 has a capital gain of 14.71% for the past year, which is higher than average compared to its -7.87% growth within a five-year period.
With the median home price in BALGAL BEACH sitting at $292,500, and the average rent at $240, property owners could potentially earn a 4.27% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BALGAL BEACH are high, as opposed to average gains per annum over the past five years.
A 14.71% increase in median property prices in BALGAL BEACH, 4816 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 67th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.71%||N/A|
|Median 3 years||27.17%||N/A|
|Median 5 years||-7.87%||N/A|
|10 years average annual||2.24%||N/A|
|Weekly media advert. rent||$240||N/A|
|Time on Market||144.5 days||N/A|
|Gross Rental Yield Percent||4.27%||N/A|