Bundaberg West has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -13.50% to date .
Across a shorter period, Bundaberg West, 4670 has seen a median price increase of -1.76% over the last quarter.
Sellers are offering property buyers an average discount of -9.31% to buyers in Bundaberg West at the moment, which is less than average for the rest of QLD.
In the last year 31 properties changed hands in Bundaberg West, which puts it as the 585th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $280 mark per week – giving a return of 6.14% based on the median price in Suburb
Bundaberg West, 4670 ranked 364th in QLD when comparing growth in median property values or capital gain over the last 12 months. Bundaberg West is one of 2415 in our list for QLD
When looking at the potential capital gains offered to property investors over the last 3 years, Bundaberg West comes in at number 269th in QLD.
Using the current median advertised rental of $272.5 and the average annual increase in value of a median property of 0.35%, investors should hope to achieve an overall return of 6.61%