Giving property investors a an unimpressive capital gain of 1.70% for the last year, Banksia Beach, 4507 is the 2715th highest performer in Australia in this respect.
Across a shorter period, Banksia Beach, 4507 has seen a median price increase of -1.10% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Banksia Beach itself are offering an average vendor discount of -5.44% to real estate investors.
A $465 per week rent on the median house gives suburb investors a gross yield of circa 4.49%, without taking into account capital value appreciation, which has been averaging out at 2.56%.
With a capital gain of 23.33% for the last 12 months, Banksia Beach, 4507 has performed for property investments than its average annual 3.49% property growth over the last 5 years.
The five-year average increase in median property values for Banksia Beach,4507 has given property investors a potential capital gain of 32.57% across each of those five 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 -8.46% is being offered, which puts this QLD suburb at 146th most discounted overall in Australia.