Property value increases in Benowa have tracked higher than the QLD average of 2.45% over the last 12 months.
If we look at median property appreciation over just the last three months, Benowa has given property investors a paper return of -0.45%. This puts Suburb as 555 on a list of fastest fasting appreciating suburbs in QLD
Benowa, 4217 is offering QLD ‘s 473th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
In the last year 158 properties changed hands in Benowa, which puts it as the 100th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Benowa, 4217 is in the Gold Coast local government area.
Property value increases in Benowa have tracked higher than the QLD average of 0.29% over the last 12 months.
The five-year average increase in median property values for Benowa,4217 has given property investors a potential capital gain of 3.51% across each of those five years.
The most recent median price for Benowa is $634000, with sellers offering an average of -5.32% off the asking price.
At number 854 in a list of fastest selling suburbs, Benowa is just in the bottom half of suburbs in Australia with an average of days on market 79.88 for properties listed there.
Using the current median advertised rental of $575 and the average annual increase in value of a median property of 5.79%, investors should hope to achieve an overall return of 4.72%