Competition from FHBs not expected until late 2019
First-home buyers are expected to return to the market by the end of 2019, meaning property investors could have less-than-expected competit...
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 1.69% growth over a ten-year period. It ranks 3272nd 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 10.14% for the past year, which is higher than average compared to its 33.1% growth within a five-year period.
With the median home price in BUNGALOW sitting at $380,000, and the average rent at $385, property owners could potentially earn a 5.27% 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.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $380,000 | $148,000 |
| GROWTH REPORT | ||
| Median Quarterly | 4.11% | -2.63% |
| Median 12 month | 10.14% | -4.52% |
| Median 3 years | 15.15% | 14.73% |
| Median 5 years | 33.1% | 5.34% |
| 10 years average annual | 1.69% | 0% |
| Weekly media advert. rent | $385 | $260 |
| Time on Market | 85.7 days | 84.0 days |
| Gross Rental Yield Percent | 5.27% | 9.14% |
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