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Investment Property Bungalow, QLD, 4870

Suburb Snapshot

Bungalow is a suburb in the Cairns Region of Queensland. Bungalow has a population of 2,153 people and 47.72% of its occupants live in rental accommodation. The median listing price for houses is $599,000 and this has changed -1.81% over the past year and changed 31.79% over 2 years.

The median rent in Bungalow for houses is $550 per week and the median rental yield is 4.77%. Stock on the market for houses/townhouses has changed -37.50% compared to last year and the average time to sell a house/townhouse is 131 days.The median listing price for units is $299,000 and this has changed 46.56% over the past year. The average unit takes 94 days to sell and the median rent for a unit in Bungalow is $375 per week, producing a rental yield of 6.52%.

Supply & Demand in Bungalow, Cairns

1.15%

Current vacancy rate


15

Rental stock available


2,153

Population


47.72%

Rental population


0.76%

Current vacancy rate


617

Rental stock available


156,898

Population


32.50%

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 Bungalow, Cairns

  House Townhouses Units
Median listing price $599,000 NA $299,000
Median price change - last quarter -4.08% NA 19.60%
Median price change - 1 year -1.81% NA 46.56%
Median price change - 2 years 31.79% NA 57.36%
  House Townhouses Units
Median weekly rent $550 NA $375
Median yield % 4.77% NA 6.52%
Median rent change - 1 year 7.84% NA 4.16%
  House Units
Previous month sales 2 2
Stock on market previous month 5 18
Stock variance vs. last year -37.50% 63.64%
Average days on market 131 94

Bungalow investment property listings

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