Property investors who have had real estate in Bundaberg North, 4670 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.45%
Bundaberg North,4670 was ranked 3186 in Australia by increase in median property value over the quarter.
Property buyers and investors in Bundaberg North 4670 should be seeing an average reduction in asking price of around -7.57% . This means that Bundaberg North is holding prices well when compared to other suburbs in QLD.
Residents and property investors in Bundaberg North have been waiting around 78.25 days to sell a property.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 7.00%, without taking into account capital value appreciation, which has been averaging out at 0.41%.
At number 1356th in the list of Australian suburbs ordered by increase in median house value over the last year, Bundaberg North, 4670 is in the BOTTOM 30% with a property value increase of -3.86% recorded in median house prices.
The five-year average increase in median property values for Bundaberg North,4670 has given property investors a potential capital gain of -23.37% across each of those five years.
Bundaberg North is 39th on a list of best yielding suburbs for rents in QLD with a 6.76% return