If you compare the increase in value of investment property in Bellara, 4507 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.27%.
While Bellara,4507 ranked number 190th in QLD for increase in median house value (annualised) increase, it is ranked 347th over the last 5 years.
Our latest figures would indicate that property sellers in Bellara are currently offering property investors an average price cut of -5.05% below the asking price at the moment.
Renters in Suburb are facing rents around $19630 per annum or $377.5 every week.
QLD has seen average median house prices change by 0.23% which means that Bellara, 4507 has done well for property investors by showing a capital gain of 5.93% over the last year
Comparing Bellara,4507 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Bellara is $312500, with sellers offering an average of -5.00% off the asking price.
Advertised rents are around the $325 mark per week – giving a return of 5.41% based on the median price in Suburb
A suburb of the Moreton Bay region, Bellara’s low-priced houses could be contributing to its growth spurt over the past five yearsFull summary
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Affordability gives an edge
Median house price: $362,500
Three-year growth: 10.5%
Rental yield: 5.5%
A suburb of the Moreton Bay region, Bellara’s low-priced houses could be contributing to its growth spurt over the past five years.
The median value is just over $360,000 following 12.4% growth over the past 12 months leading up to November 2017. Moreover, rental returns average 5.5%, an excellent rate for investors. With Bellara looking to maintain this positive trend, it’s wise to keep an eye on this suburb.
Bellara is located west of Bribie Island and south of Banksia Beach – thus, it’s perfect for those who like to be close to nature and to the coast. Pumicestone Passage is nearby as well. To Bellara’s south, the suburb of Bongaree is home to Bribie Island State School and Bribie Island State High School.Close