Property value increases in Bundaberg West have tracked just higher than the QLD average of 2.11% 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 8.33% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bundaberg West, 4670. Typically our figures indicate that -8.75% is being offered, which puts this QLD suburb at 590th most discounted overall in Australia.
Renters in Suburb are facing rents around $3300 per annum or $275 every week.
Investment property in Bundaberg West has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -31.77%
Taking the average capital gain, or increase in median house value, Bundaberg West,4670 has racked up an average of -31.77% over the period. This ranks it number 1389th in the whole country for real estate investors looking at median house price increases.
Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.42%, investors should hope to achieve an overall return of 6.64%