Property value increases in Bilinga have tracked higher than the QLD average of 2.44% over the last 12 months.
A 68.94% growth in median value for property investors in Bilinga,4225 puts this suburb at number 27th in terms of best performing suburbs in QLD
The most recent median price for Bilinga is $680000, with sellers offering an average of -2.37% off the asking price.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 3.44%, without taking into account capital value appreciation, which has been averaging out at 9.05%.
With a capital gain of 8.05% for the last 12 months, Bilinga, 4225 has performed for property investments than its average annual 3.22% property growth over the last 5 years.
The five-year average increase in median property values for Bilinga,4225 has given property investors a potential capital gain of 31.81% across each of those five years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Bilinga itself are offering an average vendor discount of -4.60% to real estate investors.
Property investors should expect to get $440 weekly from the median priced house in this suburb.