Thabeban has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.49% to date .
While Thabeban,4670 ranked number 812th in QLD for increase in median house value (annualised) increase, it is ranked 725th over the last 5 years.
Thabeban, 4670 is offering QLD ‘s 431th 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.
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Information supplied by:
January 2019
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House market on the mend
Postcode: 4670
Median house price: $270,000
Three-year growth: -0.6%
Rental yield: 5.5%
Thabeban is a suburb in the Bundaberg Region, through which the Bundaberg Ring Road passes westward. This regional suburb contains low priced properties coming in at a median value of under $300,000.
After a shaky few years following the mining decline, Thabeban may be on the road to recovery, as the housing market recorded a boost of 8% in prices over the 12 months to October 2018 – a trend that has continued into the October quarter. Renters can find good homes at an average rent rate of $285 a week, as investors reap remarkable yields at an average of 5.5%.
Residents of Thabeban favour the newer part of town, which is safe and well maintained. The suburb is home to a park, and possesses a strong community vibe. It is also well located, with the Thabeban railway station located on the border of the northern suburbs.