QLD has seen average median house prices change by 1.98% which means that Banksia Beach, 4507 has done well for property investors by showing a capital gain of 2.46% over the last year
The five-year average increase in median property values for Banksia Beach,4507 has given property investors a potential capital gain of 11.23% across each of those five years.
Property investors looking for a bargain in Banksia Beach should be aiming for at least -6.33% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 11.58 sales per month, which equates to 139 per year.
Banksia Beach, 4507’s gross rental yield is 4.55%
At number 1585th in the list of Australian suburbs ordered by increase in median house value over the last year, Banksia Beach, 4507 is in the BOTTOM 10% with a property value increase of -10.09% recorded in median house prices.
A 5.56% growth in median value for property investors in Banksia Beach,4507 puts this suburb at number 278th in terms of best performing suburbs in QLD
At number 27th of QLD’s most discounted properties, Banksia Beach is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Banksia Beach have been waiting around 115.06 days to sell a property.
Advertised rents are around the $490 mark per week – giving a return of 7.89% based on the median price in Suburb