At number 1201th in the list of Australian suburbs ordered by increase in median house value over the last year, Bulimba, 4171 is in the top 30% with a property value increase of 10.21% recorded in median house prices.
If we look at median property appreciation over just the last three months, Bulimba has given property investors a paper return of 0.00%. This puts Suburb as 460 on a list of fastest fasting appreciating suburbs in QLD
Bulimba4171 is located in QLD which offers an average discount of -7.21% to property investors. Bulimba itself is showing figures that indicate -4.75% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $647.5 mark per week – giving a return of 2.84% based on the median price in Suburb
Investment property in Bulimba 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 -1.32%
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.
Property buyers and investors in Bulimba 4171 should be seeing an average reduction in asking price of around -3.86% . This means that Bulimba is holding prices well when compared to other suburbs in QLD.
A $490 per week rent on the median house gives suburb investors a gross yield of circa 4.28%, without taking into account capital value appreciation, which has been averaging out at 3.81%.