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Babinda

Suburb Profile

Babinda - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4861

house

Property investors have seen a 6.25% 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 15.91%.

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 $255,000

Profits averaged 12.61% 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 $280 based on current median home prices for the suburb.

The gross rental yield in BABINDA, 4861 is 5.71%.

An average of 1.92 real estate transactions take place per month in BABINDA which translates to 23 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $255,000 N/A
GROWTH REPORT
Median Quarterly 6.25% N/A
Median 12 month 15.91% N/A
Median 3 years 37.84% N/A
Median 5 years 32.47% N/A
10 years average annual 5.39% N/A
Weekly media advert. rent $280 N/A
Time on Market 99.1 days N/A
Gross Rental Yield Percent 5.71% N/A
demographics (median values)
Total Population
1164
Weekly Household Income
696.6
Household Size
2.40
demographics
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