Over the last year, property investments in Banksia Beach, 4507 have given investors a capital gain of 6.57%. This compares favourably with the 2.11% for QLD as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Banksia Beach has increased when compared to the 5 year average annual rate.
Property buyers and investors in Banksia Beach 4507 should be seeing an average reduction in asking price of around -6.09% . This means that Banksia Beach is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.
Property value increases in Banksia Beach have tracked just higher than the QLD average of 1.12% over the last 12 months.
Banksia Beach,4507 has offered an average of 6.49% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Banksia Beach, 4507. Typically our figures indicate that -8.55% is being offered, which puts this QLD suburb at 125th most discounted overall in Australia.
Often selling an investment property can take time, and in Banksia Beach the average time real estate has been on the market is 113.51 days.
Banksia Beach is 22th on a list of best yielding suburbs for rents in QLD with a 7.13% return