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 -1.17%
If we look at median property appreciation over just the last three months, Bargara has given property investors a paper return of -1.17%. This puts Suburb as 612 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Bargara are currently offering property investors an average price cut of -6.29% below the asking price at the moment.
Residents and property investors in Bargara have been waiting around 97.76 days to sell a property.
With the median price for a house in Bargara being $380500 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.37%
Bargara has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.54% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Bargara comes in at number 63th in QLD.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Bargara itself are offering an average vendor discount of -8.30% to real estate investors.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.69%, without taking into account capital value appreciation, which has been averaging out at -1.94%.