Property investors who have had real estate in Bellbird Park, 4300 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 13.43%
When looking at the potential capital gains offered to property investors over the last 3 years, Bellbird Park comes in at number 339th in QLD.
Our latest figures would indicate that property sellers in Bellbird Park are currently offering property investors an average price cut of -5.25% below the asking price at the moment.
Residents and property investors in Bellbird Park have been waiting around 77.91 days to sell a property.
Advertised rents are around the $335 mark per week – giving a return of 4.58% based on the median price in Suburb
Giving property investors a a stable capital gain of 5.45% for the last year, Bellbird Park, 4300 is the 656th highest performer in Australia in this respect.
A 7.91% growth in median value for property investors in Bellbird Park,4300 puts this suburb at number 360th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Bellbird Park is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 187th in terms of most discounted suburbs in QLD
In the last year 26 properties changed hands in Bellbird Park, which puts it as the 270th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Bellbird Park being $232000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.28%