Investment property in Bulimba has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.85%
Over the longer term, Bulimba has seen property prices show investors a 25.74% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Bulimba should be aiming for at least -6.12% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 10.17 sales per month, which equates to 122 per year.
A $625 per week rent on the median house gives suburb investors a gross yield of circa 2.78%, without taking into account capital value appreciation, which has been averaging out at 5.41%.
Property investors who have had real estate in Bulimba, 4171 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.48%
A 11.44% growth in median value for property investors in Bulimba,4171 puts this suburb at number 325th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -4.19% to buyers in Bulimba at the moment, which is less than average for the rest of QLD.
Bulimba is 323th on a list of best yielding suburbs for rents in QLD with a 4.47% return