Giving property investors a an average capital gain of 6.35% for the last year, Bardon, 4065 is the 1680th highest performer in Australia in this respect.
Bardon,4065 has offered an average of 6.35% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Bardon 4065 should be seeing an average reduction in asking price of around -9.18% . This means that Bardon is holding prices well when compared to other suburbs in QLD.
Bardon, 4065’s gross rental yield is 3.25%
Over the last year, property investments in Bardon, 4065 have given investors a capital gain of -2.78%. This compares badly with the 0.77% for QLD as a whole.
If we look at median property appreciation over just the last three months, Bardon has given property investors a paper return of -0.17%. This puts Suburb as 197 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Bardon should be aiming for at least -6.42% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Bardon the average time real estate has been on the market is 65.34 days.
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.