At number 288th in the list of Australian suburbs ordered by increase in median house value over the last year, Bokarina, 4575 is in the top 10% with a property value increase of 16.81% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Bokarina comes in at number 429th in QLD.
Renters in Suburb are facing rents around $29380 per annum or $565 every week.
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Demand is high for houses
Median house price: $750,000
Three-year growth: 33.0%
Rental yield: 3.5%
As part of Queensland’s booming Sunshine Coast region, house prices in the suburb of Bokarina have been soaring.
In the 12 months leading up to January 2018, values went up by over 30% to hit a median of 750,000. Buyers are snapping up houses almost as soon as they enter the market, with an average time on market of less than a month. Sellers are unloading these dwellings at an average discount rate of just 3.3%, which signifies a strong market.
Bokarina is part of the Kawana Waters urban centre, and is home to Kawana Waters State College. The suburb sits on the shores of the Coral Sea. The Caloundra CBD is only 9km away and provides access to shopping centres.