With a capital gain of 3.48% for the last 12 months, Arana Hills, 4054 has performed for property investments than its average annual 4.75% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Arana Hills has given property investors a paper return of 2.30%. This puts Suburb as 223 on a list of fastest fasting appreciating suburbs in QLD
At number 707th of QLD’s most discounted properties, Arana Hills is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Arana Hills is 460th on a list of best yielding suburbs for rents in QLD with a 4.57% return
Arana Hills is an average performer in QLD when comparing median price capital growth over the last year. Arana Hills gave property investors a good capital gain figure when compared to the rest of the state, with 3.65%.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.70% offered to property buyers. Sellers in Arana Hills itself are offering an average vendor discount of -1.71% to real estate investors.
In the last year 26 properties changed hands in Arana Hills, which puts it as the 267th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Arana Hills, 4054 is in the Moreton Bay local government area.
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.