Giving property investors a a solid capital gain of 14.09% for the last year, Burleigh Heads, 4220 is the 400th highest performer in Australia in this respect.
Burleigh Heads,4220 has offered an average of 14.09% return per annum in house price rises to property investors over the last three years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.68% offered to property buyers. Sellers in Burleigh Heads itself are offering an average vendor discount of -5.60% to real estate investors.
A $655 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 4.65%.
With a capital gain of 9.59% for the last 12 months, Burleigh Heads, 4220 has performed for property investments than its average annual 3.63% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Burleigh Heads comes in at number 20th in QLD.
Property investors looking for a bargain in Burleigh Heads should be aiming for at least -4.67% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 250 properties changed hands in Burleigh Heads, which puts it as the 9th most active market in QLD when comparing the number of sales per suburb.
Burleigh Heads is 306th on a list of best yielding suburbs for rents in QLD with a 4.51% return