Investment property in Bulimba has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.54%
Across a shorter period, Bulimba, 4171 has seen a median price increase of 0.78% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bulimba, 4171. Typically our figures indicate that -6.09% is being offered, which puts this QLD suburb at 1509th most discounted overall in Australia.
Residents and property investors in Bulimba have been waiting around 90.34 days to sell a property.
Bulimba, 4171’s gross rental yield is 2.80%
Bulimba has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.64% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Bulimba comes in at number 244th in QLD.
The most recent median price for Bulimba is $600000, with sellers offering an average of -6.19% off the asking price.
Residents and property investors in Bulimba have been waiting around 131.62 days to sell a property.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 2.73%, investors should hope to achieve an overall return of 3.90%