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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 $1,625,000 and this has changed 8.33% over the past year and changed 25.00% over 2 years.

The median rent in Benowa for houses is $1,100 per week and the median rental yield is 3.52%. Stock on the market for houses/townhouses has changed 20.00% compared to last year and the average time to sell a house/townhouse is 135 days.The median listing price for units is $862,000 and this has changed 14.93% over the past year. The average unit takes 151 days to sell and the median rent for a unit in Benowa is $780 per week, producing a rental yield of 4.70%.

Supply & Demand in Benowa, Gold Coast

1.23%

Current vacancy rate


57

Rental stock available


8,743

Population


19.81%

Rental population


1.26%

Current vacancy rate


3,604

Rental stock available


555,721

Population


31.09%

Rental population


1.02%

Current vacancy rate


24,088

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 $1,625,000 $850,000 $862,000
Median price change - last quarter -1.59% 0.00% 3.03%
Median price change - 1 year 8.33% 15.02% 14.93%
Median price change - 2 years 25.00% 21.60% 20.64%
  House Townhouses Units
Median weekly rent $1,100 $720 $780
Median yield % 3.52% 4.40% 4.70%
Median rent change - 1 year 10.00% 2.85% 12.23%
  House Units
Previous month sales 18 3
Stock on market previous month 66 28
Stock variance vs. last year 20.00% -17.65%
Average days on market 135 151

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