Benowa, 4217 ranked 60th in QLD when comparing growth in median property values or capital gain over the last 12 months. Benowa is one of 2415 in our list for QLD
When looking at the potential capital gains offered to property investors over the last 3 years, Benowa comes in at number 90th in QLD.
Property investors looking for a bargain in Benowa should be aiming for at least -6.06% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 12.92 sales per month, which equates to 155 per year.
If you compare the increase in value of investment property in Benowa, 4217 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.60%.
While Benowa,4217 ranked number 7th in QLD for increase in median house value (annualised) increase, it is ranked 283th over the last 5 years.
Vendor discounting in Benowa is giving property investors an average Vendor Discount of around -5.36%. This puts suburb at number 186th in QLD when ranking the most discounted suburbs.