Why these suburbs are faring better than others as prices fall
New data points to which suburbs with the largest average land sizes in each capital city are bucking against general property market trends...
A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 0.08% growth over a ten-year period. It ranks 3912th on our list of suburbs that property investors should look into.
BURDELL, 4818 has a capital gain of -8.31% for the past year, which is lower than average compared to its -16.94% growth within a five-year period.
With the median home price in BURDELL sitting at $353,000, and the average rent at $350, property owners could potentially earn a 5.16% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BURDELL are low, as opposed to average gains per annum over the past five years.
BURDELL, 4818 in QLD belongs to the local government area of Townsville (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $353,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.55% | N/A |
| Median 12 month | -8.31% | N/A |
| Median 3 years | -15.21% | N/A |
| Median 5 years | -16.94% | N/A |
| 10 years average annual | 0.08% | N/A |
| Weekly media advert. rent | $350 | N/A |
| Time on Market | 102.9 days | N/A |
| Gross Rental Yield Percent | 5.16% | N/A |
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