Property value increases in Bli Bli have tracked just higher than the QLD average of 2.81% over the last 12 months.
A 38.96% growth in median value for property investors in Bli Bli,4560 puts this suburb at number 129th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Bli Bli should be aiming for at least -5.46% off the asking price, which is the average vendor discount being achieved at the moment.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 4.71%, without taking into account capital value appreciation, which has been averaging out at 3.81%.
Investment property in Bli Bli has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.44%
Over the longer term, Bli Bli has seen property prices show investors a 16.34% return over the last 3 years. This is worse than over the last 12 months
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 Bli Bli, 4560. Typically our figures indicate that -5.14% is being offered, which puts this QLD suburb at 668th most discounted overall in Australia.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
With the median price for a house in Bli Bli being $430000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 5.08%