QLD has seen average median house prices change by 0.78% which means that Bungalow, 4870 has done well for property investors by showing a capital gain of -10.27% over the last year
Bungalow,4870 was ranked 1035 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.
Situated 1389.00km from the CBD, Bungalow is one of Cairns (R) localities in the postcode 4870.
At number 1128th in the list of Australian suburbs ordered by increase in median house value over the last year, Bungalow, 4870 is in the BOTTOM 30% with a property value increase of -8.33% recorded in median house prices.
A -10.81% growth in median value for property investors in Bungalow,4870 puts this suburb at number 90th in terms of best performing suburbs in QLD
Vendor discounting in Bungalow is giving property investors an average Vendor Discount of around -9.50%. This puts suburb at number 12th in QLD when ranking the most discounted suburbs.
At number 954 in a list of fastest selling suburbs, Bungalow is in the bottom 30% of suburbs in Australia with an average of days on market 93.9545 for properties listed there.
Advertised rents are around the $275 mark per week – giving a return of 10.83% based on the median price in Suburb