Benowa is in the TOP 10% in QLD when comparing median price capital growth over the last year. Benowa gave property investors a very good capital gain figure when compared to the rest of the state, with 15.77%.
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.
Property investors looking for a bargain in Benowa should be aiming for at least -5.57% off the asking price, which is the average vendor discount being achieved at the moment.
Benowa, 4217’s gross rental yield is 4.06%
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 -8.57%.
When looking at the potential capital gains offered to property investors over the last 3 years, Benowa comes in at number 320th in QLD.
Vendor discounting in Benowa is giving property investors an average Vendor Discount of around -5.24%. This puts suburb at number 197th in QLD when ranking the most discounted suburbs.
Property investors should expect to get $650 weekly from the median priced house in this suburb.