Babinda

POSTAL CODE: QLD, 4861

HOUSE

Property investors have seen a 20% gain in BABINDA based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on BABINDA, 4861 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 19.85%.

Based on its average 5-year and quarterly capital gains BABINDA, 4861 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $480,000

Profits averaged 29% per annum over a 3-year period, due to an upward trend in home prices in BABINDA, 4861.

This means, real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

The gross rental yield in BABINDA, 4861 is N/A.

An average of 2.08 real estate transactions take place per month in BABINDA which translates to 25 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$480,000	N/A
Growth Report
Median Quarterly	20%	N/A
Median 12 month	19.85%	N/A
Median 3 years	87.5%	N/A
Median 5 years	118.18%	N/A
10 years average annual	10.08%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	72.6 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 1164

Weekly Household Income 696.6

Household Size 2.40

Average Age 42

Monthly Loan Repayment 650

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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