Investment property in Babinda has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -17.23%
The five-year average increase in median property values for Babinda,4861 has given property investors a potential capital gain of 19.83% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Babinda, 4861. Typically our figures indicate that -9.20% is being offered, which puts this QLD suburb at 407th most discounted overall in Australia.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.