If you compare the increase in value of investment property in Banyo, 4014 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.47%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Banyo has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.93% to buyers in Banyo at the moment, which is less than average for the rest of QLD.
In the last year 98 properties changed hands in Banyo, which puts it as the 232th most active market in QLD when comparing the number of sales per suburb.
Banyo, 4014’s gross rental yield is 4.10%