Bundaberg East is in the TOP 10% in QLD when comparing median price capital growth over the last year. Bundaberg East gave property investors a very good capital gain figure when compared to the rest of the state, with 18.87%.
Taking the average capital gain, or increase in median house value, Bundaberg East,4670 has racked up an average of 18.87% over the period. This ranks it number 2784th in the whole country for real estate investors looking at median house price increases.
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 Bundaberg East itself are offering an average vendor discount of -5.20% to real estate investors.
At number 1868 in a list of fastest selling suburbs, Bundaberg East is just in the top half of suburbs in Australia with an average of days on market 76.44 for properties listed there.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.09%, investors should hope to achieve an overall return of 4.62%