QLD has seen average median house prices change by 2.46% which means that Bundaberg South, 4670 has done well for property investors by showing a capital gain of -10.06% over the last year
If we look at median property appreciation over just the last three months, Bundaberg South has given property investors a paper return of 1.33%. This puts Suburb as 307 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Bundaberg South are currently offering property investors an average price cut of -6.37% below the asking price at the moment.
Often selling an investment property can take time, and in Bundaberg South the average time real estate has been on the market is 67.97 days.
If you compare the increase in value of investment property in Bundaberg South, 4670 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.38%.
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
With the median price for a house in Bundaberg South being $215000 and the advertised rent reaching $240 the gross rental yield for property investors calculates out to be 5.80%