With a capital gain of 1.29% for the last 12 months, Benowa, 4217 has performed for property investments than its average annual 3.81% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Benowa has given property investors a paper return of 1.48%. This puts Suburb as 285 on a list of fastest fasting appreciating suburbs in QLD
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 Benowa itself are offering an average vendor discount of -5.04% to real estate investors.
Often selling an investment property can take time, and in Benowa the average time real estate has been on the market is 66.03 days.
Advertised rents are around the $625 mark per week – giving a return of 4.13% based on the median price in Suburb
If you compare the increase in value of investment property in Benowa, 4217 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -10.71%.
While Benowa,4217 ranked number 351th in QLD for increase in median house value (annualised) increase, it is ranked 130th over the last 5 years.
Benowa, 4217 is offering QLD ‘s 96th 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.
Renters in Suburb are facing rents around $7800 per annum or $650 every week.