Over the last year, property investments in Benowa, 4217 have given investors a capital gain of 11.46%. This compares very favourably with the 2.44% for QLD as a whole.
The five-year average increase in median property values for Benowa,4217 has given property investors a potential capital gain of 39.52% across each of those five years.
Our latest figures would indicate that property sellers in Benowa are currently offering property investors an average price cut of -6.02% below the asking price at the moment.
Often selling an investment property can take time, and in Benowa the average time real estate has been on the market is 67.44 days.
Renters in Suburb are facing rents around $8160 per annum or $680 every week.
Property investors who have had real estate in Benowa, 4217 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.20%
Taking the average capital gain, or increase in median house value, Benowa,4217 has racked up an average of 20.20% over the period. This ranks it number 1188th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Benowa itself are offering an average vendor discount of -4.95% to real estate investors.
Using the current median advertised rental of $580 and the average annual increase in value of a median property of 4.88%, investors should hope to achieve an overall return of 5.07%