Bungalow has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.41% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Bungalow comes in at number 36th in QLD.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Bungalow itself are offering an average vendor discount of -7.28% to real estate investors.
Our latest figures would indicate that property sellers in Bungalow are currently offering property investors an average price cut of -7.70% below the asking price at the moment.
With the median price for a house in Bungalow being $210000 and the advertised rent reaching $242.5 the gross rental yield for property investors calculates out to be 6.00%