Property investors who have had real estate in Bundaberg West, 4670 should be relatively 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 8.19%
Sellers are offering property buyers an average discount of -9.42% to buyers in Bundaberg West at the moment, which is less than average for the rest of QLD.
Often selling an investment property can take time, and in Bundaberg West the average time real estate has been on the market is 86.4 days.
Property value increases in Bundaberg West have tracked lower than the QLD average of 0.65% over the last 12 months.
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 fallen somewhat when compared to the 5 year average annual rate.
Bundaberg West, 4670’s gross rental yield is 7.31%