Property investors who have had real estate in Bracken Ridge, 4017 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.44%
Bracken Ridge,4017 was ranked 2173 in Australia by increase in median property value over the quarter.
Vendor discounting in Bracken Ridge is giving property investors an average Vendor Discount of around -5.06%. This puts suburb at number 634th in QLD when ranking the most discounted suburbs.
Property investors should expect to get $430 weekly from the median priced house in this suburb.
With a capital gain of 4.43% for the last 12 months, Bracken Ridge, 4017 has performed for property investments than its average annual 2.73% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Bracken Ridge comes in at number 181th in QLD.
The most recent median price for Bracken Ridge is $340500, with sellers offering an average of -3.43% off the asking price.
In the last year 41 properties changed hands in Bracken Ridge, which puts it as the 204th most active market in QLD when comparing the number of sales per suburb.
Situated 15.66km from the CBD, Bracken Ridge is one of Brisbane localities in the postcode 4017.