Based on its average 5-year and quarterly capital gains BALGAL BEACH, 4816 saw average decrease 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 -1.7% decrease over a ten-year period. It ranks 4014th 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 0% for the past year, which is higher than average compared to its -23.81% growth within a five-year period.
With the median home price in BALGAL BEACH sitting at $240,000, and the average rent at $240, property owners could potentially earn a 5.2% 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.