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Investment Property Benowa, QLD, 4217

Suburb Snapshot

Benowa is a suburb in the Gold Coast Region of Queensland. Benowa has a population of 8,743 people and 19.81% of its occupants live in rental accommodation. The median listing price for houses is $1,655,000 and this has changed 5.07% over the past year and changed 10.33% over 2 years.

The median rent in Benowa for houses is $1,150 per week and the median rental yield is 3.61%. Stock on the market for houses/townhouses has changed 20.45% compared to last year and the average time to sell a house/townhouse is 129 days.The median listing price for units is $850,000 and this has changed 0.05% over the past year. The average unit takes 157 days to sell and the median rent for a unit in Benowa is $820 per week, producing a rental yield of 5.01%.

Supply & Demand in Benowa, Gold Coast

0.82%

Current vacancy rate


39

Rental stock available


8,743

Population


19.81%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Benowa, Gold Coast

  House Townhouses Units
Median listing price $1,655,000 $897,500 $850,000
Median price change - last quarter 0.00% -9.80% -1.22%
Median price change - 1 year 5.07% 13.60% 0.05%
Median price change - 2 years 10.33% 19.66% 13.33%
  House Townhouses Units
Median weekly rent $1,150 $750 $820
Median yield % 3.61% 4.34% 5.01%
Median rent change - 1 year 4.54% 7.14% 12.32%
  House Units
Previous month sales 11 2
Stock on market previous month 53 17
Stock variance vs. last year 20.45% -32.00%
Average days on market 129 157

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