Property value increases in Bardon have tracked higher than the QLD average of 2.51% over the last 12 months.
While Bardon,4065 ranked number 228th in QLD for increase in median house value (annualised) increase, it is ranked 187th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Bardon itself are offering an average vendor discount of -8.49% to real estate investors.
Residents and property investors in Bardon have been waiting around 63.67 days to sell a property.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
Property investors who have had real estate in Bardon, 4065 should be relatively 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 -4.70%
A 13.64% growth in median value for property investors in Bardon,4065 puts this suburb at number 322th in terms of best performing suburbs in QLD
Bardon4065 is located in QLD which offers an average discount of -6.05% to property investors. Bardon itself is showing figures that indicate -6.91% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $495 mark per week – giving a return of 4.58% based on the median price in Suburb
Just 4.5km west of Brisbane CBD, Bardon is a leafy suburb with views to the city and the bush land area of Mt Coot-tha. The suburb has undergone gentrification over the past decade with most of the old-style Queenslanders and workers cottages being renovated and converted into modern dwellingsFull summary
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Located just 4.5km west of Brisbane CBD, Bardon is a leafy suburb with views to the city and the bush land area of Mt Coot-tha. The suburb has undergone gentrification over the past decade with most of the old-style Queenslands and workers cottages being renovated and converted into modern dwellings.
It’s elevated position, leafy outlook and close proximity to the city has fuelled solid growth in the area. While it’s considered a transport black hole, because there are no trains going into the area, it’s adequately serviced by buses.
“It’s seen 13% pa growth over the past 10 years and once we start seeing some upgrades to transport in that area that should push price growth further up,” says PRDnationwide's Josh Brown.
The Brisbane City Council is also upgrading its bus services so the accessibility is also set improve.