Giving property investors a an average capital gain of 4.96% for the last year, Upper Kedron, 4055 is the 2094th highest performer in Australia in this respect.
Upper Kedron,4055 has offered an average of 4.96% return per annum in house price rises to property investors over the last three years.
Upper Kedron, 4055 is offering QLD ‘s 820th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
In the last year 52 properties changed hands in Upper Kedron, which puts it as the 431th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Upper Kedron, 4055 is in the Brisbane local government area.
Located in the outer ring of Brisbane, Upper Kedron has been reporting consistent growth for the past five years, even though the increase rate has been trending downwards thus far.Full summary
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QLD – Stock shoots up in developing suburb
Median house price: $611,000
Stock on market: 100.00%
12-month growth: 0.99%
Located in the outer ring of Brisbane, Upper Kedron has been reporting consistent growth for the past five years, even though the increase rate has been trending downwards thus far.
Despite house prices rising by only 0.99% in the past 12 months, vendors have been able to unload properties at a very low average discount rate of 2.6%. Moreover, investors can gain reasonable returns of nearly 5%. The local property market may have been affected by the amount of stock on market skyrocketing by 100% over the same period.
With development ongoing in Upper Kedron, this increase in supply is certainly to be expected. Since it is situated at the edge of Brisbane Forest Park, it could attract those who wish to reside close to nature. Neighbouring suburb The Gap is just a short distance for shopping needs. Brisbane itself is just roughly 30 minutes away by car.Close