With a capital gain of 6.85% for the last 12 months, Bellara, 4507 has performed for property investments than its average annual 1.66% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Bellara,4507 has racked up an average of 6.85% over the period. This ranks it number 1710th in the whole country for real estate investors looking at median house price increases.
Bellara, 4507 is offering QLD ‘s 705th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
With the median price for a house in Bellara being $390000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.93%
Property value increases in Bellara have tracked just higher than the QLD average of -0.66% over the last 12 months.
Across a shorter period, Bellara, 4507 has seen a median price increase of -0.40% over the last quarter.
Bellara, 4507 is offering QLD ‘s 168th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
At number 1084 in a list of fastest selling suburbs, Bellara is in the bottom 40% of suburbs in Australia with an average of days on market 92 for properties listed there.
A suburb of the Moreton Bay region, Bellara’s low-priced houses could be contributing to its growth spurt over the past five yearsFull summary
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Affordability gives an edge
Median house price: $362,500
Three-year growth: 10.5%
Rental yield: 5.5%
A suburb of the Moreton Bay region, Bellara’s low-priced houses could be contributing to its growth spurt over the past five years.
The median value is just over $360,000 following 12.4% growth over the past 12 months leading up to November 2017. Moreover, rental returns average 5.5%, an excellent rate for investors. With Bellara looking to maintain this positive trend, it’s wise to keep an eye on this suburb.
Bellara is located west of Bribie Island and south of Banksia Beach – thus, it’s perfect for those who like to be close to nature and to the coast. Pumicestone Passage is nearby as well. To Bellara’s south, the suburb of Bongaree is home to Bribie Island State School and Bribie Island State High School.Close