With a capital gain of 5.58% for the last 12 months, Bracken Ridge, 4017 has performed for property investments than its average annual 4.39% property growth over the last 5 years.
Comparing Bracken Ridge,4017 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Bracken Ridge 4017 should be seeing an average reduction in asking price of around -4.75% . This means that Bracken Ridge is holding prices well when compared to other suburbs in QLD.
Bracken Ridge is an average performer in QLD when comparing median price capital growth over the last year. Bracken Ridge gave property investors a average capital gain figure when compared to the rest of the state, with 0.89%.
Taking the average capital gain, or increase in median house value, Bracken Ridge,4017 has racked up an average of 0.89% over the period. This ranks it number 1047th in the whole country for real estate investors looking at median house price increases.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Bracken Ridge itself are offering an average vendor discount of -3.72% to real estate investors.
In the last year 37 properties changed hands in Bracken Ridge, which puts it as the 219th most active market in QLD when comparing the number of sales per suburb.
Bracken Ridge, 4017’s gross rental yield is 5.66%