Thabeban is in the bottom 10% in QLD when comparing median price capital growth over the last year. Thabeban gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.74%.
If we look at median property appreciation over just the last three months, Thabeban has given property investors a paper return of -1.63%. This puts Suburb as 620 on a list of fastest fasting appreciating suburbs in QLD
At number 366th of QLD’s most discounted properties, Thabeban is in the middle of the state/territory when listing in order of most discounted to least.
At number 2235 in a list of fastest selling suburbs, Thabeban is in the bottom 40% of suburbs in Australia with an average of days on market 87.175 for properties listed there.
Information supplied by:
House market on the mend
Median house price: $270,000
Three-year growth: -0.6%
Rental yield: 5.5%
Thabeban is a suburb in the Bundaberg Region, through which the Bundaberg Ring Road passes westward. This regional suburb contains low priced properties coming in at a median value of under $300,000.
After a shaky few years following the mining decline, Thabeban may be on the road to recovery, as the housing market recorded a boost of 8% in prices over the 12 months to October 2018 – a trend that has continued into the October quarter. Renters can find good homes at an average rent rate of $285 a week, as investors reap remarkable yields at an average of 5.5%.
Residents of Thabeban favour the newer part of town, which is safe and well maintained. The suburb is home to a park, and possesses a strong community vibe. It is also well located, with the Thabeban railway station located on the border of the northern suburbs.