Bardon has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.41% to date .
The five-year average increase in median property values for Bardon,4065 has given property investors a potential capital gain of 23.38% across each of those five years.
The most recent median price for Bardon is $913000, with sellers offering an average of -8.17% off the asking price.
Situated 4.65km from the CBD, Bardon is one of Brisbane localities in the postcode 4065.
Property investors who have had real estate in Bardon, 4065 should be 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 -7.56%
Across a shorter period, Bardon, 4065 has seen a median price increase of -5.82% over the last quarter.
Property investors looking for a bargain in Bardon should be aiming for at least -7.90% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 38 properties changed hands in Bardon, which puts it as the 203th most active market in QLD when comparing the number of sales per suburb.
Situated 4.16km from the CBD, Bardon is one of Brisbane localities in the postcode 4065.
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.