Babinda is in the TOP 10% in QLD when comparing median price capital growth over the last year. Babinda gave property investors a very good capital gain figure when compared to the rest of the state, with 13.59%.
Across a shorter period, Babinda, 4861 has seen a median price increase of -2.85% over the last quarter.
Property investors looking for a bargain in Babinda should be aiming for at least -10.11% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3090 in a list of fastest selling suburbs, Babinda is in the bottom 20% of suburbs in Australia with an average of days on market 117.53 for properties listed there.