Over the last year, property investments in Bardon, 4065 have given investors a capital gain of 2.83%. This compares averagely with the 2.46% for QLD as a whole.
Bardon,4065 has offered an average of 2.83% return per annum in house price rises to property investors over the last three years.
At number 263th of QLD’s most discounted properties, Bardon is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $540 and the average annual increase in value of a median property of 4.44%, investors should hope to achieve an overall return of 3.12%
Giving property investors a a poor capital gain of -18.92% for the last year, Bardon, 4065 is the 1667th highest performer in Australia in this respect.
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 -4.90% is being offered, which puts this QLD suburb at 734th most discounted overall in Australia.
In the last year 37 properties changed hands in Bardon, which puts it as the 218th most active market in QLD when comparing the number of sales per suburb.
A $499 per week rent on the median house gives suburb investors a gross yield of circa 4.50%, without taking into account capital value appreciation, which has been averaging out at 4.07%.
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.