At number 3846th in the list of Australian suburbs ordered by increase in median house value over the last year, Bundaberg West, 4670 is in the BOTTOM 10% with a property value increase of -10.85% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bundaberg West has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Bundaberg West itself are offering an average vendor discount of -8.25% to real estate investors.
Often selling an investment property can take time, and in Bundaberg West the average time real estate has been on the market is 100.69 days.
The QLD suburb of Bundaberg West, 4670 is in the Bundaberg local government area.
Property value increases in Bundaberg West have tracked lower than the QLD average of 0.77% over the last 12 months.
The five-year average increase in median property values for Bundaberg West,4670 has given property investors a potential capital gain of -2.76% across each of those five years.
Advertised rents are around the $265 mark per week – giving a return of 6.52% based on the median price in Suburb