With a capital gain of -12.40% for the last 12 months, Bungalow, 4870 has performed for property investments than its average annual 3.26% property growth over the last 5 years.
Over the longer term, Bungalow has seen property prices show investors a 26.35% return over the last 3 years. This is worse than over the last 12 months
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 Bungalow, 4870. Typically our figures indicate that -8.96% is being offered, which puts this QLD suburb at 537th most discounted overall in Australia.
At number 1770 in a list of fastest selling suburbs, Bungalow is just in the top half of suburbs in Australia with an average of days on market 79.19 for properties listed there.
Advertised rents are around the $350 mark per week – giving a return of 5.54% based on the median price in Suburb
Property value increases in Bungalow have tracked higher than the QLD average of 1.12% over the last 12 months.
Comparing Bungalow,4870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Bungalow should be aiming for at least -7.33% off the asking price, which is the average vendor discount being achieved at the moment.