Property investors who have had real estate in Bilinga, 4225 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.57%
While Bilinga,4225 ranked number 246th in QLD for increase in median house value (annualised) increase, it is ranked 4th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Bilinga is offering property investors an average of -6.19. This rate of discount on properties puts Suburb at number 120th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 4.42 sales per month, which equates to 53 per year.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 4.19%, investors should hope to achieve an overall return of 3.71%