Property investors who have had real estate in Windsor, 4030 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.35%
The five-year average increase in median property values for Windsor,4030 has given property investors a potential capital gain of 19.44% across each of those five years.
Vendor discounting in Windsor is giving property investors an average Vendor Discount of around -5.76%. This puts suburb at number 517th in QLD when ranking the most discounted suburbs.
With the median price for a house in Windsor being $725000 and the advertised rent reaching $490 the gross rental yield for property investors calculates out to be 3.51%
If you compare the increase in value of investment property in Windsor, 4030 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -5.41%.
While Windsor,4030 ranked number 301th in QLD for increase in median house value (annualised) increase, it is ranked 27th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Windsor is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 61th in terms of most discounted suburbs in QLD
Windsor is 322th on a list of best yielding suburbs for rents in QLD with a 4.34% return
Windsor is one of Brisbane’s premium suburbs, ticking all the boxes in terms of accessibility, amenities and demographics. Full summary
Information supplied by:
Windsor is one of Brisbane’s premium suburbs, ticking all the boxes in terms of accessibility, amenities and demographics.
The suburb is 4km northeast of the CBD, and can be reached via direct train – the nearest stations are in Wilston and Bowen Hills – or bus. It’s also within easy reach of the M1 and Brisbane Airport via Kingsford Smith Drive.
There is a wide range of retail amenities, including independent groceries, delis, pharmacies, banking and a number of other shops along Lutwyche Road and Newmarket Road. Further retail stores, including national chains, an Aldi and a Coles, can also be found in the Centro shopping centre in nearby Lutwyche.
The location of the Queensland University of Technology and the Royal Brisbane Hospital in nearby Kelvin Grove and Herston provides a ready supply of employment opportunities and tenants.
Windsor’s handy location and diverse employment and education options mean the suburb is popular with a wide range of residents, including students, professionals and young families. Professionals and other white collar workers make up around a third of residents, and family incomes are more than $500pw higher than the Queensland average, according to SQM Research.
There's a good balance of owner-occupiers and city workers in the suburb, and the Windsor is still more affordable than its southern neighbours such as Bowen Hills.
A word of caution, though: the lower-lying areas to the west of the suburb were affected by the floods in January 2011, so investors are well advised to stay on the eastern side of Lutwyche road and away from Enoggera Creek when choosing a property.