QLD has seen average median house prices change by 2.40% which means that Bardon, 4065 has done well for property investors by showing a capital gain of 5.45% over the last year
Bardon,4065 has offered an average of 5.45% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -7.74% to buyers in Bardon at the moment, which is less than average for the rest of QLD.
In the last year 150 properties changed hands in Bardon, which puts it as the 118th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $575 weekly from the median priced house in this suburb.
Giving property investors a an unimpressive capital gain of -3.29% for the last year, Bardon, 4065 is the 1348th highest performer in Australia in this respect.
A 3.89% growth in median value for property investors in Bardon,4065 puts this suburb at number 157th in terms of best performing suburbs in QLD
LACK OF BUYER INTEREST may well be the reason that Bardon is offering property investors an average of -5.70. This rate of discount on properties puts Suburb at number 47th in terms of most discounted suburbs in QLD
Using the current median advertised rental of $432.5 and the average annual increase in value of a median property of 3.24%, investors should hope to achieve an overall return of 4.02%
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.