Burleigh Heads is in the TOP 10% in QLD when comparing median price capital growth over the last year. Burleigh Heads gave property investors a very good capital gain figure when compared to the rest of the state, with 12.70%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burleigh Heads has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Burleigh Heads itself are offering an average vendor discount of -7.47% to real estate investors.
At number 1351 in a list of fastest selling suburbs, Burleigh Heads is in the TOP 40% of suburbs in Australia with an average of days on market 66.83 for properties listed there.
Using the current median advertised rental of $575 and the average annual increase in value of a median property of 3.55%, investors should hope to achieve an overall return of 4.21%
Burleigh Heads has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.91% to date .
If we look at median property appreciation over just the last three months, Burleigh Heads has given property investors a paper return of 2.38%. This puts Suburb as 70 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -5.46% to buyers in Burleigh Heads at the moment, which is less than average for the rest of QLD.
Advertised rents are around the $440 mark per week – giving a return of 5.32% based on the median price in Suburb