Over the last year, property investments in Bardon, 4065 have given investors a capital gain of 2.32%. This compares averagely with the 2.45% for QLD as a whole.
Bardon,4065 was ranked 1372 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bardon, 4065. Typically our figures indicate that -7.65% is being offered, which puts this QLD suburb at 792th most discounted overall in Australia.
Residents and property investors in Bardon have been waiting around 70.42 days to sell a property.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.17%, without taking into account capital value appreciation, which has been averaging out at 4.25%.
Property value increases in Bardon have tracked lower than the QLD average of 0.29% over the last 12 months.
If we look at median property appreciation over just the last three months, Bardon has given property investors a paper return of 7.63%. This puts Suburb as 21 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Bardon should be aiming for at least -5.04% off the asking price, which is the average vendor discount being achieved at the moment.
The QLD suburb of Bardon, 4065 is in the Brisbane local government area.
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.