Investment property in Burleigh Heads has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.93%
When looking at the potential capital gains offered to property investors over the last 3 years, Burleigh Heads comes in at number 70th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.24% offered to property buyers. Sellers in Burleigh Heads itself are offering an average vendor discount of -6.05% to real estate investors.
In the last year 99 properties changed hands in Burleigh Heads, which puts it as the 242th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $580 mark per week – giving a return of 4.05% based on the median price in Suburb
Property investors who have had real estate in Burleigh Heads, 4220 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 11.52%
Burleigh Heads,4220 was ranked 510 in Australia by increase in median property value over the quarter.
Burleigh Heads4220 is located in QLD which offers an average discount of -6.14% to property investors. Burleigh Heads itself is showing figures that indicate -6.02% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Burleigh Heads the average time real estate has been on the market is 75.29 days.
With the median price for a house in Burleigh Heads being $460000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.09%