Burleigh Waters, 4220 ranked 324th in QLD when comparing growth in median property values or capital gain over the last 12 months. Burleigh Waters is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burleigh Waters has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Burleigh Waters are currently offering property investors an average price cut of -4.73% below the asking price at the moment.
On average over the past year, suburb has had 16.83 sales per month, which equates to 202 per year.
Advertised rents are around the $620 mark per week – giving a return of 4.45% based on the median price in Suburb
If you compare the increase in value of investment property in Burleigh Waters, 4220 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 11.18%.
Over the longer term, Burleigh Waters has seen property prices show investors a 25.19% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Burleigh Waters is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 282th in terms of most discounted suburbs in QLD