If you compare the increase in value of investment property in Biggera Waters, 4216 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -8.50%.
Across a shorter period, Biggera Waters, 4216 has seen a median price increase of -0.92% over the last quarter.
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 Biggera Waters, 4216. Typically our figures indicate that -6.51% is being offered, which puts this QLD suburb at 1531th most discounted overall in Australia.
Property investors should expect to get $500 weekly from the median priced house in this suburb.
Investment property in Biggera Waters 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 3.22%
Biggera Waters,4216 was ranked 763 in Australia by increase in median property value over the quarter.
Property buyers and investors in Biggera Waters 4216 should be seeing an average reduction in asking price of around -6.10% . This means that Biggera Waters is holding prices well when compared to other suburbs in QLD.
At number 1020 in a list of fastest selling suburbs, Biggera Waters is in the bottom 40% of suburbs in Australia with an average of days on market 92.9 for properties listed there.
With the median price for a house in Biggera Waters being $449000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.86%