With a capital gain of -7.37% for the last 12 months, Svensson Heights, 4670 has performed for property investments than its average annual 1.13% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Svensson Heights has fallen somewhat 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 -7.21% offered to property buyers. Sellers in Svensson Heights itself are offering an average vendor discount of -7.53% to real estate investors.
In the last year 42 properties changed hands in Svensson Heights, which puts it as the 497th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Svensson Heights being $232500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 6.49%
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
Situated 130.94km from the CBD, Svensson Heights is one of Bundaberg localities in the postcode 4670.