Banksia Beach has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.92% to date .
A 7.07% growth in median value for property investors in Banksia Beach,4507 puts this suburb at number 428th in terms of best performing suburbs in QLD
Property buyers and investors in Banksia Beach 4507 should be seeing an average reduction in asking price of around -6.57% . This means that Banksia Beach is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 11.83 sales per month, which equates to 142 per year.
QLD has seen average median house prices change by 1.70% which means that Banksia Beach, 4507 has done well for property investors by showing a capital gain of 0.00% over the last year
Taking the average capital gain, or increase in median house value, Banksia Beach,4507 has racked up an average of 0.00% over the period. This ranks it number 1523th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Banksia Beach should be aiming for at least -9.00% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Banksia Beach being $345000 and the advertised rent reaching $520 the gross rental yield for property investors calculates out to be 7.84%