Investment property in Brisbane City has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.51%
Over the longer term, Brisbane City has seen property prices show investors a 0.82% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Brisbane City should be aiming for at least -6.59% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Brisbane City being $492500 and the advertised rent reaching $565 the gross rental yield for property investors calculates out to be 5.97%