Giving property investors a an average capital gain of 6.24% for the last year, Arana Hills, 4054 is the 1707th highest performer in Australia in this respect.
A 21.63% growth in median value for property investors in Arana Hills,4054 puts this suburb at number 387th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Arana Hills, 4054. Typically our figures indicate that -4.33% is being offered, which puts this QLD suburb at 3080th most discounted overall in Australia.
At number 393 in a list of fastest selling suburbs, Arana Hills is in the TOP 20% of suburbs in Australia with an average of days on market 47.26 for properties listed there.
Property investors should expect to get $460 weekly from the median priced house in this suburb.
At number 1098th in the list of Australian suburbs ordered by increase in median house value over the last year, Arana Hills, 4054 is in the BOTTOM 40% with a property value increase of -0.13% recorded in median house prices.
A 11.51% growth in median value for property investors in Arana Hills,4054 puts this suburb at number 131th in terms of best performing suburbs in QLD
At number 291th of QLD’s most discounted properties, Arana Hills is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Arana Hills lies around 10km north-west of the Brisbane CBD, just past the Enoggera Military Camp, with good train and road links. Its median house price is in line with its neighbours.Full summary
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Arana Hills lies around 10km north-west of the Brisbane CBD, just past the Enoggera Military Camp, with good train and road links. Its median house price is in line with its neighbours.
Amenities here are good, with a Coles supermarket, a handful of cafes and six schools all being within a 2km radius.
“It’s a real family suburb,” says Hot Property Specialists’ Liz Wilcox. “But it’s more affordable than areas closer to the city.”
“There are a lot of old housing commission style homes on bigger blocks of 607m2 as a minimum, so there’s potential in years to come and there’s definitely room for development and renovation.”
In order to target its largely family based tenant pool, Wilcox suggests getting hold of a three-bedroom, two-bathroom house if possible. She adds however, that due to the housing commission style of housing that dominates the area, one-bathroom properties are far more common.
Looking at the rental statistics, 27% of the Arana Hills population is accounted for by renters according to Census data, and SQM Research predicts this figure to rise to 37% in the next five years.