Bulimba, 4171 ranked 677th in QLD when comparing growth in median property values or capital gain over the last 12 months. Bulimba is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bulimba has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bulimba, 4171. Typically our figures indicate that -6.51% is being offered, which puts this QLD suburb at 1530th most discounted overall in Australia.
At number 1898 in a list of fastest selling suburbs, Bulimba is just in the bottom half of suburbs in Australia with an average of days on market 82.05 for properties listed there.
Advertised rents are around the $665 mark per week – giving a return of 2.97% based on the median price in Suburb
Over the last year, property investments in Bulimba, 4171 have given investors a capital gain of -5.48%. This compares badly with the 0.98% for QLD as a whole.
While Bulimba,4171 ranked number 231th in QLD for increase in median house value (annualised) increase, it is ranked 120th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Bulimba is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 212th in terms of most discounted suburbs in QLD
Property investors should expect to get $470 weekly from the median priced house in this suburb.