Over the last year, property investments in Boondall, 4034 have given investors a capital gain of 6.38%. This compares favourably with the 2.45% for QLD as a whole.
Comparing Boondall,4034 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Boondall are currently offering property investors an average price cut of -3.93% below the asking price at the moment.
Boondall, 4034’s gross rental yield is 4.37%
If you compare the increase in value of investment property in Boondall, 4034 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 18.58%.
Property buyers and investors in Boondall 4034 should be seeing an average reduction in asking price of around -3.74% . This means that Boondall is holding prices well when compared to other suburbs in QLD.
Boondall, 4034’s gross rental yield is 4.72%
The vacancy rate in this established Brisbane suburb has dropped in recent months, with Real Estate Investar reporting a rate of just 1.43%.Full summary
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Entertainment hub inspires competition for rentals
Median house price: $480,000
Vacancy rate: 1.43%
Three-year growth: 14.29%
Most south-east Queenslanders associate Boondall with rock and pop music, theatre shows, children’s performances, and a range of other entertainment options. This is because the Brisbane Entertainment Centre – one of the biggest performance spaces in Queensland – is located in the middle of this suburb, which is also home to around 9,000 residents.
The vacancy rate in this established Brisbane suburb has dropped in recent months, with Real Estate Investar reporting a rate of just 1.43%.
Around one-quarter of local residents is comprised of renters, and at present they’re fighting amongst themselves for access to rental property. Offering close proximity to public transport, major shopping centres and prestigious schools, it’s easy to see why.Close