Giving property investors a a stable capital gain of 3.97% for the last year, Bundamba, 4304 is the 1724th highest performer in Australia in this respect.
While Bundamba,4304 ranked number 334th in QLD for increase in median house value (annualised) increase, it is ranked 511th over the last 5 years.
Bundamba4304 is located in QLD which offers an average discount of -7.44% to property investors. Bundamba itself is showing figures that indicate -6.32% is the average achievable by property buyers investing in the suburb.
A $325 per week rent on the median house gives suburb investors a gross yield of circa 5.37%, without taking into account capital value appreciation, which has been averaging out at 1.44%.
Bundamba, 4304 ranked 275th in QLD when comparing growth in median property values or capital gain over the last 12 months. Bundamba is one of 2415 in our list for QLD
While Bundamba,4304 ranked number 2nd in QLD for increase in median house value (annualised) increase, it is ranked 300th over the last 5 years.
Often selling an investment property can take time, and in Bundamba the average time real estate has been on the market is 11 days.
Bundamba is a large mixed-use suburb in the Ipswich region. It extends from the Bremer River to the Cunningham HighwayFull summary
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Unit prices skyrocket in three months
Median unit price: $229,000
Three-year growth: -25.4%
Rental yield: 6.8%
Bundamba is a large mixed-use suburb in the Ipswich region. It extends from the Bremer River to the Cunningham Highway.
The suburb has both industrial and residential pockets. Bundamba State Secondary College was established here in 1873 as Bundamba State School, with the Bremer Institute of TAFE making its home here as well. There are several recreational facilities for residents to enjoy, including a bowling and roller skating centre, a public pool, two parks and a racecourse. Trains passing through the railway station bring commuters to Brisbane, the Ipswich CBD and Rosewood.
While the Bundamba unit market has spent recent years being down, it recorded a sudden burst of growth over the January 2019 quarter. While the suburb’s ability to sustain this boost remains to be seen, it offers investors very high yields of almost 7%.Close