QLD has seen average median house prices change by 1.98% which means that Bulimba, 4171 has done well for property investors by showing a capital gain of 4.61% over the last year
Bulimba,4171 was ranked 3476 in Australia by increase in median property value over the quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Bulimba itself are offering an average vendor discount of -5.60% to real estate investors.
In the last year 118 properties changed hands in Bulimba, which puts it as the 184th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Bulimba being $1175000 and the advertised rent reaching $625 the gross rental yield for property investors calculates out to be 2.77%
With a capital gain of -1.25% for the last 12 months, Bulimba, 4171 has performed for property investments than its average annual 3.96% property growth over the last 5 years.
Comparing Bulimba,4171 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Bulimba are currently offering property investors an average price cut of -4.23% below the asking price at the moment.
At number 922 in a list of fastest selling suburbs, Bulimba is in the bottom 40% of suburbs in Australia with an average of days on market 85.77 for properties listed there.
The QLD suburb of Bulimba, 4171 is in the Brisbane local government area.