BINGIL BAY 4852
State: QLDPosiProp AI Investment Summary
BINGIL BAY (QLD 4852) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.9% and has experienced a 12-month capital growth of Down -15.2%, with a median house buy price of $615,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$700,000
$587,500
$630,000
$615,000
Suburb Market Profile
Last month Bingil Bay had 1 property available for rent and 12 properties for sale. Median property prices over the last year range from $615,000 for houses to $375,000 for units. If you are looking for an investment property, consider houses in Bingil Bay rent out for $600 PW with an annual rental yield of 4.9% and units rent for $490 PW with a rental yield of 5.0%. Bingil Bay has seen an annual compound growth rate of -15.2% for houses.
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