Bungalow has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 12.88% to date .
Bungalow,4870 was ranked 3127 in Australia by increase in median property value over the quarter.
In the last year 22 properties changed hands in Bungalow, which puts it as the 691th most active market in QLD when comparing the number of sales per suburb.
Property investors who have had real estate in Bungalow, 4870 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 decrease in value by -1.61%
While Bungalow,4870 ranked number 91th in QLD for increase in median house value (annualised) increase, it is ranked 72th over the last 5 years.
At number 31th of QLD’s most discounted properties, Bungalow is in the bottom 20% of the state/territory when listing in order of most discounted to least.
A $260 per week rent on the median house gives suburb investors a gross yield of circa 8.87%, without taking into account capital value appreciation, which has been averaging out at -1.84%.