Banksia Beach has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.30% to date .
Across a shorter period, Banksia Beach, 4507 has seen a median price increase of -0.45% 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 -6.98% offered to property buyers. Sellers in Banksia Beach itself are offering an average vendor discount of -4.87% to real estate investors.
Residents and property investors in Banksia Beach have been waiting around 81.47 days to sell a property.
Banksia Beach, 4507’s gross rental yield is 4.37%
Investment property in Banksia Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 30.76%
If we look at median property appreciation over just the last three months, Banksia Beach has given property investors a paper return of 8.15%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Banksia Beach is $431500, with sellers offering an average of -6.84% off the asking price.
At number 1400 in a list of fastest selling suburbs, Banksia Beach is in the bottom 10% of suburbs in Australia with an average of days on market 134.69 for properties listed there.
The QLD suburb of Banksia Beach, 4507 is in the Moreton Bay local government area.