Over the last year, property investments in Bli Bli, 4560 have given investors a capital gain of 9.12%. This compares very favourably with the 2.98% for QLD as a whole.
Across a shorter period, Bli Bli, 4560 has seen a median price increase of 2.88% over the last quarter.
Our latest figures would indicate that property sellers in Bli Bli are currently offering property investors an average price cut of -5.74% below the asking price at the moment.
On average over the past year, suburb has had 13.08 sales per month, which equates to 157 per year.
Renters in Suburb are facing rents around $5640 per annum or $470 every week.
Bli Bli is an average performer in QLD when comparing median price capital growth over the last year. Bli Bli gave property investors a good capital gain figure when compared to the rest of the state, with 2.38%.
Over the longer term, Bli Bli has seen property prices show investors a 19.48% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Bli Bli is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 179th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 1.52%, investors should hope to achieve an overall return of 5.08%