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Balgal Beach

Suburb Profile

Balgal Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4816

house

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 0.6% growth over a ten-year period. It ranks 3588th on our list of suburbs that property investors should look into.

BALGAL BEACH, 4816 in QLD belongs to the local government area of Townsville (C).

BALGAL BEACH, 4816 has a capital gain of 32.91% for the past year, which is higher than average compared to its 10.76% growth within a five-year period.

With the median home price in BALGAL BEACH sitting at $262,500, and the average rent at $320, property owners could potentially earn a 6.34% 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 32.91% 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 9th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $262,500 N/A
GROWTH REPORT
Median Quarterly 5% N/A
Median 12 month 32.91% N/A
Median 3 years 9.38% N/A
Median 5 years 10.76% N/A
10 years average annual 0.6% N/A
Weekly media advert. rent $320 N/A
Time on Market 89.2 days N/A
Gross Rental Yield Percent 6.34% N/A
demographics (median values)
Total Population
727
Weekly Household Income
630.4
Household Size
2.10
demographics
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