With a capital gain of 7.82% for the last 12 months, Benowa, 4217 has performed for property investments than its average annual 3.31% property growth over the last 5 years.
A 31.35% growth in median value for property investors in Benowa,4217 puts this suburb at number 120th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Benowa is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 589th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $7800 per annum or $650 every week.
Benowa has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.79% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Benowa has increased when compared to the 5 year average annual rate.
Benowa, 4217 is offering QLD ‘s 89th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
At number 967 in a list of fastest selling suburbs, Benowa is in the bottom 40% of suburbs in Australia with an average of days on market 90.01 for properties listed there.
With the median price for a house in Benowa being $535000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 6.32%