Investment property in Banyo has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.91%
Comparing Banyo,4014 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -5.02% to buyers in Banyo at the moment, which is less than average for the rest of QLD.
At number 401 in a list of fastest selling suburbs, Banyo is in the TOP 20% of suburbs in Australia with an average of days on market 44.3 for properties listed there.
With the median price for a house in Banyo being $530000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.12%