With a capital gain of -5.47% for the last 12 months, Bellara, 4507 has performed for property investments than its average annual 1.40% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Bellara,4507 has racked up an average of -5.47% over the period. This ranks it number 2030th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -6.59% to buyers in Bellara at the moment, which is less than average for the rest of QLD.
Often selling an investment property can take time, and in Bellara the average time real estate has been on the market is 68.6667 days.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Bellara is in the bottom 30% in QLD when comparing median price capital growth over the last year. Bellara gave property investors a disappointing capital gain figure when compared to the rest of the state, with -7.19%.
Taking the average capital gain, or increase in median house value, Bellara,4507 has racked up an average of -7.19% over the period. This ranks it number 665th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Bellara is giving property investors an average Vendor Discount of around -4.75%. This puts suburb at number 175th in QLD when ranking the most discounted suburbs.
In the last year 29 properties changed hands in Bellara, which puts it as the 190th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $17160 per annum or $330 every week.
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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.