QLD has seen average median house prices change by 2.38% which means that Benowa, 4217 has done well for property investors by showing a capital gain of 8.02% over the last year
Benowa,4217 has offered an average of 8.02% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Benowa are currently offering property investors an average price cut of -5.36% below the asking price at the moment.
Residents and property investors in Benowa have been waiting around 63.96 days to sell a property.
Advertised rents are around the $650 mark per week – giving a return of 4.05% based on the median price in Suburb
At number 1295th in the list of Australian suburbs ordered by increase in median house value over the last year, Benowa, 4217 is in the BOTTOM 30% with a property value increase of -2.36% recorded in median house prices.
Over the longer term, Benowa has seen property prices show investors a 0.65% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Benowa should be aiming for at least -5.37% off the asking price, which is the average vendor discount being achieved 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 86.4 days.
Benowa, 4217’s gross rental yield is 6.27%