Bellbird Park has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 12.65% to date .
While Bellbird Park,4300 ranked number 679th in QLD for increase in median house value (annualised) increase, it is ranked 498th over the last 5 years.
Bellbird Park, 4300 is offering QLD ‘s 654th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
In the last year 108 properties changed hands in Bellbird Park, which puts it as the 215th most active market in QLD when comparing the number of sales per suburb.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.62%, without taking into account capital value appreciation, which has been averaging out at 3.81%.
Investment property in Bellbird Park has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.05%
Taking the average capital gain, or increase in median house value, Bellbird Park,4300 has racked up an average of -5.05% over the period. This ranks it number 378th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Bellbird Park 4300 should be seeing an average reduction in asking price of around -5.40% . This means that Bellbird Park is holding prices well when compared to other suburbs in QLD.
With the median price for a house in Bellbird Park being $225500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.46%