Property investors who have had real estate in Barcaldine, 4725 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.20%
Over the longer term, Barcaldine has seen property prices show investors a 4.55% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Barcaldine is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Barcaldine the average time real estate has been on the market is 100.667 days.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.88%, without taking into account capital value appreciation, which has been averaging out at 2.86%.