Investment property in Bracken Ridge has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.21%
When looking at the potential capital gains offered to property investors over the last 3 years, Bracken Ridge comes in at number 354th in QLD.
Vendor discounting in Bracken Ridge is giving property investors an average Vendor Discount of around -4.81%. This puts suburb at number 678th in QLD when ranking the most discounted suburbs.
Using the current median advertised rental of $435 and the average annual increase in value of a median property of 4.40%, investors should hope to achieve an overall return of 4.81%
Property value increases in Bracken Ridge have tracked higher than the QLD average of 0.77% over the last 12 months.
Comparing Bracken Ridge,4017 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
At number 294th of QLD’s most discounted properties, Bracken Ridge is in the TOP 10% of the state/territory when listing in order of most discounted to least.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 5.56%, without taking into account capital value appreciation, which has been averaging out at 4.29%.