Property value increases in Thabeban have tracked higher than the QLD average of 2.10% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Thabeban comes in at number 667th in QLD.
Property investors looking for a bargain in Thabeban should be aiming for at least -9.43% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 45 properties changed hands in Thabeban, which puts it as the 477th most active market in QLD when comparing the number of sales per suburb.
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 $300,000Full summary
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House market on the mend
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.Close