Bayview Heights

POSTAL CODE: QLD, 4868

HOUSE

Based on its average 5-year and quarterly capital gains BAYVIEW HEIGHTS, 4868 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 BAYVIEW HEIGHTS, 4868 obtained a 6.53% growth over a ten-year period. It ranks 2302nd on our list of suburbs that property investors should look into.

BAYVIEW HEIGHTS, 4868 in QLD belongs to the local government area of Cairns.

BAYVIEW HEIGHTS, 4868 has a capital gain of 9.23% for the past year, which is lower than average compared to its 60.45% growth within a five-year period.

With the median home price in BAYVIEW HEIGHTS sitting at $710,000, and the average rent at $650, property owners could potentially earn a 4.76% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in BAYVIEW HEIGHTS are low, as opposed to average gains per annum over the past five years.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$710,000	N/A
Growth Report
Median Quarterly	2.71%	N/A
Median 12 month	9.23%	N/A
Median 3 years	42%	N/A
Median 5 years	60.45%	N/A
10 years average annual	6.53%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	42.3 days	N/A
Gross Rental Yield Percent	4.76%	N/A

Demographics (Median Values)*

Total Population 4090

Weekly Household Income 1250

Household Size 2.80

Average Age 38

Monthly Loan Repayment 1300

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

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