With a capital gain of 5.76% for the last 12 months, Banksia Beach, 4507 has performed for property investments than its average annual 2.63% property growth over the last 5 years.
A 22.00% growth in median value for property investors in Banksia Beach,4507 puts this suburb at number 377th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Banksia Beach is offering property investors an average of -6.84. This rate of discount on properties puts Suburb at number 698th in terms of most discounted suburbs in QLD
Banksia Beach is 567th on a list of best yielding suburbs for rents in QLD with a 4.09% return
If you compare the increase in value of investment property in Banksia Beach, 4507 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 24.38%.
Comparing Banksia Beach,4507 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -6.52% to buyers in Banksia Beach at the moment, which is less than average for the rest of QLD.
With the median price for a house in Banksia Beach being $403000 and the advertised rent reaching $475 the gross rental yield for property investors calculates out to be 6.13%