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Bayview Heights
AREA REPORTS

Bayview Heights

Bayview Heights - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4868

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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 2.25% growth over a ten-year period. It ranks 3302nd on our list of suburbs that property investors should look into.

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

BAYVIEW HEIGHTS, 4868 has a capital gain of -2.32% for the past year, which is lower than average compared to its 13.53% growth within a five-year period.

With the median home price in BAYVIEW HEIGHTS sitting at $437,100, and the average rent at $450, property owners could potentially earn a 5.35% 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.

Data report can be found below

Bayview Heights
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $437,100 N/A
GROWTH REPORT
Median Quarterly -0.66% N/A
Median 12 month -2.32% N/A
Median 3 years 6.61% N/A
Median 5 years 13.53% N/A
10 years average annual 2.25% N/A
Weekly media advert. rent $450 N/A
Time on Market 49.6 days N/A
Gross Rental Yield Percent 5.35% N/A
demographics (median values)*
Total Population
4090
Weekly Household Income
1250
Household Size
2.80
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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