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1 MIN READ20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
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Bayview HeightsBayview Heights - SUBURB PROFILE REPORT
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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 2.47% growth over a ten-year period. It ranks 2412th 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 5.11% for the past year, which is higher than average compared to its 14.94% growth within a five-year period.
With the median home price in BAYVIEW HEIGHTS sitting at $442,500, and the average rent at $450, property owners could potentially earn a 5.29% 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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $442,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.56% | N/A |
| Median 12 month | 5.11% | N/A |
| Median 3 years | 13.17% | N/A |
| Median 5 years | 14.94% | N/A |
| 10 years average annual | 2.47% | N/A |
| Weekly media advert. rent | $450 | N/A |
| Time on Market | 73.0 days | N/A |
| Gross Rental Yield Percent | 5.29% | N/A |
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