Giving property investors a an unimpressive capital gain of 0.86% for the last year, Bardon, 4065 is the 2928th highest performer in Australia in this respect.
While Bardon,4065 ranked number 663th in QLD for increase in median house value (annualised) increase, it is ranked 342th over the last 5 years.
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 -8.03% is being offered, which puts this QLD suburb at 747th most discounted overall in Australia.
A $540 per week rent on the median house gives suburb investors a gross yield of circa 3.19%, without taking into account capital value appreciation, which has been averaging out at 4.18%.
Giving property investors a a poor capital gain of -14.96% for the last year, Bardon, 4065 is the 1636th highest performer in Australia in this respect.
A 10.20% growth in median value for property investors in Bardon,4065 puts this suburb at number 334th in terms of best performing suburbs in QLD
Property buyers and investors in Bardon 4065 should be seeing an average reduction in asking price of around -8.00% . This means that Bardon is holding prices well when compared to other suburbs in QLD.
At number 428 in a list of fastest selling suburbs, Bardon is in the TOP 30% of suburbs in Australia with an average of days on market 60 for properties listed there.
Renters in Suburb are facing rents around $5994 per annum or $499.5 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.