Over the last year, property investments in Boondall, 4034 have given investors a capital gain of 6.77%. This compares favourably with the 2.46% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Boondall comes in at number 254th in QLD.
LACK OF BUYER INTEREST may well be the reason that Boondall is offering property investors an average of -6.98. This rate of discount on properties puts Suburb at number 756th in terms of most discounted suburbs in QLD
At number 787 in a list of fastest selling suburbs, Boondall is in the TOP 30% of suburbs in Australia with an average of days on market 51.77 for properties listed there.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
With a capital gain of 22.29% for the last 12 months, Boondall, 4034 has performed for property investments than its average annual 6.14% property growth over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Boondall itself are offering an average vendor discount of -3.90% to real estate investors.
Boondall, 4034’s gross rental yield is 4.75%
The vacancy rate in this established Brisbane suburb has dropped in recent months, with Real Estate Investar reporting a rate of just 1.43%.Full summary
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Entertainment hub inspires competition for rentals
Median house price: $480,000
Vacancy rate: 1.43%
Three-year growth: 14.29%
Most south-east Queenslanders associate Boondall with rock and pop music, theatre shows, children’s performances, and a range of other entertainment options. This is because the Brisbane Entertainment Centre – one of the biggest performance spaces in Queensland – is located in the middle of this suburb, which is also home to around 9,000 residents.
The vacancy rate in this established Brisbane suburb has dropped in recent months, with Real Estate Investar reporting a rate of just 1.43%.
Around one-quarter of local residents is comprised of renters, and at present they’re fighting amongst themselves for access to rental property. Offering close proximity to public transport, major shopping centres and prestigious schools, it’s easy to see why.Close