Bardon has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.49% to date .
If we look at median property appreciation over just the last three months, Bardon has given property investors a paper return of 2.33%. This puts Suburb as 201 on a list of fastest fasting appreciating suburbs in QLD
Bardon4065 is located in QLD which offers an average discount of -7.32% to property investors. Bardon itself is showing figures that indicate -8.76% is the average achievable by property buyers investing in the suburb.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.18%, without taking into account capital value appreciation, which has been averaging out at 5.75%.
Bardon is an average performer in QLD when comparing median price capital growth over the last year. Bardon gave property investors a good capital gain figure when compared to the rest of the state, with 3.11%.
Over the longer term, Bardon has seen property prices show investors a 12.26% return over the last 3 years. This is worse than over the last 12 months
Bardon, 4065 is offering QLD ‘s 79th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
Often selling an investment property can take time, and in Bardon the average time real estate has been on the market is 79.2 days.
Renters in Suburb are facing rents around $5820 per annum or $485 every week.
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.