Over the last year, property investments in Bracken Ridge, 4017 have given investors a capital gain of 4.73%. This compares favourably with the 2.41% for QLD as a whole.
If we look at median property appreciation over just the last three months, Bracken Ridge has given property investors a paper return of 0.21%. This puts Suburb as 454 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Bracken Ridge is $487000, with sellers offering an average of -4.55% off the asking price.
Residents and property investors in Bracken Ridge have been waiting around 44.29 days to sell a property.
With a capital gain of -5.95% for the last 12 months, Bracken Ridge, 4017 has performed for property investments than its average annual 0.71% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Bracken Ridge has given property investors a paper return of -2.35%. This puts Suburb as 278 on a list of fastest fasting appreciating suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Bracken Ridge is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 305th in terms of most discounted suburbs in QLD
In the last year 29 properties changed hands in Bracken Ridge, which puts it as the 260th most active market in QLD when comparing the number of sales per suburb.
A $365 per week rent on the median house gives suburb investors a gross yield of circa 5.72%, without taking into account capital value appreciation, which has been averaging out at 0.71%.