Based on its average 5-year and quarterly capital gains BUNGALOW, 4870 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 BUNGALOW, 4870 obtained a 0.87% growth over a ten-year period. It ranks 3607th on our list of suburbs that property investors should look into.
BUNGALOW, 4870 in QLD belongs to the local government area of Cairns.
BUNGALOW, 4870 has a capital gain of 2.94% for the past year, which is lower than average compared to its 28.21% growth within a five-year period.
With the median home price in BUNGALOW sitting at $350,000, and the average rent at $395, property owners could potentially earn a 5.87% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BUNGALOW are low, as opposed to average gains per annum over the past five years.
BUNGALOW, 4870 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 $152,000.
Profits due to an upward trend in home prices in BUNGALOW, 4870 averaged 1.61% per annum over a 3-year period.
Home owners selling their properties and realtors in BUNGALOW usually have to wait an average of 117.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $260 mark, reflecting a 8.89% increase in returns based on the current median price in BUNGALOW.
BUNGALOW, 4870 places 231st in Australia based on median property value growth during the quarter.