Giving property investors a a solid capital gain of 22.60% for the last year, Barlows Hill, 4703 is the 518th highest performer in Australia in this respect.
Comparing Barlows Hill,4703 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
At number 861 in a list of fastest selling suburbs, Barlows Hill is in the TOP 30% of suburbs in Australia with an average of days on market 45.3 for properties listed there.
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Coastal suburb profits by providing a peaceful lifestyle
Median house price: $481,000
Three-year growth: 33.98%
Rental yield: 3.89%
Situated next to the water in the Central Queensland region, Barlows Hill is a fairly new suburb, but it looks to have much potential.
The suburb reported 33.61% growth over the previous year following a similar rate three years ago. Its average annual growth rate is coming in strong at nearly 7%, with 2017 looking to sustain this trend by starting off with a 5.19% increase in house prices in January. Returns are a bit low for investors at just 3.89%, but demand appears to be reasonable since the average vendor discount rate is quite low at 4.91%.
Barlows Hill serves as a lovely retreat from city life, with its focus on a coastal lifestyle and nature. Residents have access to beaches and forests, which offer views of the sea. Fishing, swimming and surfing are popular pastimes in this area. For those who prefer to stay on land, Bradford Park is the recreational spot of choice. Moreover, neighbouring Yeppoon, reachable by bus, is home to restaurants, cafes and pubs.