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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 2.64% growth over a ten-year period. It ranks 2659th on our list of suburbs that property investors should look into.
BUNGALOW, 4870 in QLD belongs to the local government area of Cairns (R).
BUNGALOW, 4870 has a capital gain of 12.88% for the past year, which is higher than average compared to its 33.87% growth within a five-year period.
With the median home price in BUNGALOW sitting at $372,500, and the average rent at $380, property owners could potentially earn a 5.3% 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.
A 12.88% increase in median property prices in BUNGALOW, 4870 has allowed this suburb to join the ranks of best performing suburbs in QLD, settling at number 79th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $372,500 | $152,500 |
| GROWTH REPORT | ||
| Median Quarterly | -1.97% | 2.35% |
| Median 12 month | 12.88% | -1.61% |
| Median 3 years | -0.67% | -18.67% |
| Median 5 years | 33.87% | 19.14% |
| 10 years average annual | 2.64% | -1.84% |
| Weekly media advert. rent | $380 | $260 |
| Time on Market | 77.9 days | 83.7 days |
| Gross Rental Yield Percent | 5.3% | 8.87% |
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