Investment property in Doolandella has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.89%
Taking the average capital gain, or increase in median house value, Doolandella,4077 has racked up an average of 9.89% over the period. This ranks it number 2101th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Doolandella is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 678th in terms of most discounted suburbs in QLD
Advertised rents are around the $400 mark per week – giving a return of 4.25% based on the median price in Suburb
Doolandella, 4077 ranked 265th in QLD when comparing growth in median property values or capital gain over the last 12 months. Doolandella is one of 2415 in our list for QLD
Doolandella,4077 was ranked 1354 in Australia by increase in median property value over the quarter.
With the median price for a house in Doolandella being $335000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 5.28%
Information supplied by:
Median unit price: $349,700
Stock on market: -32.2%
12-month growth: 1.95%
Doolandella is a growing outer suburb of Brisbane, situated next to Forest Lakes, around 20km south-west of the CBD. Forest Lakes was one of the first major master-planned communities in Brisbane, and Doolandella has followed suit, growing substantially in the last 15 years.
With access to plenty of schools, green open spaces and parklands, Doolandella is a family-friendly suburb that is conveniently situated near the Brisbane CBD, with great access to both the Ipswich and Logan Motorway.
In 2004, a total of 70 houses with a population of 255 were recorded in the suburb. By the 2011 Australian Census, the population had swelled to over 3,100, with the number of occupied dwellings rising to 934. The number of available properties has shrunk in recent years, in response to increasing demand.
It is still possible to buy acreage homes in the area, though these are increasingly being subdivided into smaller property lots to make way for new development.Close