Property investors who have had real estate in Bundaberg South, 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 -6.00%
Comparing Bundaberg South,4670 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Bundaberg South is $235000, with sellers offering an average of -10.02% off the asking price.
With the median price for a house in Bundaberg South being $235000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.20%
Property investors who have had real estate in Bundaberg South, 4670 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.44%
Taking the average capital gain, or increase in median house value, Bundaberg South,4670 has racked up an average of 14.44% over the period. This ranks it number 1614th in the whole country for real estate investors looking at median house price increases.
A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.96%, without taking into account capital value appreciation, which has been averaging out at 3.18%.