QLD has seen average median house prices change by 2.40% which means that Bracken Ridge, 4017 has done well for property investors by showing a capital gain of 6.36% over the last year
Bracken Ridge,4017 has offered an average of 6.36% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Bracken Ridge should be aiming for at least -4.73% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 22.08 sales per month, which equates to 265 per year.
QLD has seen average median house prices change by 1.47% which means that Bracken Ridge, 4017 has done well for property investors by showing a capital gain of 11.35% over the last year
Across a shorter period, Bracken Ridge, 4017 has seen a median price increase of 2.27% over the last quarter.
At number 226th of QLD’s most discounted properties, Bracken Ridge is in the TOP 30% of the state/territory when listing in order of most discounted to least.
At number 780 in a list of fastest selling suburbs, Bracken Ridge is just in the bottom half of suburbs in Australia with an average of days on market 75.54 for properties listed there.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of 4.90%, investors should hope to achieve an overall return of 5.42%