With a capital gain of 0.87% for the last 12 months, Bundamba, 4304 has performed for property investments than its average annual 2.59% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bundamba has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Bundamba are currently offering property investors an average price cut of -5.89% below the asking price at the moment.
On average over the past year, suburb has had 9.33 sales per month, which equates to 112 per year.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 2.59%, investors should hope to achieve an overall return of 5.56%