Investment property in Bargara has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.04%
Over the longer term, Bargara has seen property prices show investors a 0.40% 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 Bargara, 4670. Typically our figures indicate that -6.16% is being offered, which puts this QLD suburb at 1761th most discounted overall in Australia.
In the last year 136 properties changed hands in Bargara, which puts it as the 138th most active market in QLD when comparing the number of sales per suburb.
Situated 297.72km from the CBD, Bargara is one of Bundaberg localities in the postcode 4670.
QLD has seen average median house prices change by 1.70% which means that Bargara, 4670 has done well for property investors by showing a capital gain of 0.00% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bargara has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Bargara are currently offering property investors an average price cut of -8.71% below the asking price at the moment.
Using the current median advertised rental of $335 and the average annual increase in value of a median property of -1.66%, investors should hope to achieve an overall return of 5.36%