Over the last year, property investments in Doolandella, 4077 have given investors a capital gain of 1.11%. This compares badly with the 2.51% for QLD as a whole.
Over the longer term, Doolandella has seen property prices show investors a 9.97% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Doolandella 4077 should be seeing an average reduction in asking price of around -6.08% . This means that Doolandella is holding prices well when compared to other suburbs in QLD.
At number 778 in a list of fastest selling suburbs, Doolandella is in the TOP 30% of suburbs in Australia with an average of days on market 55.34 for properties listed there.
With the median price for a house in Doolandella being $455000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.57%
At number 1340th in the list of Australian suburbs ordered by increase in median house value over the last year, Doolandella, 4077 is in the BOTTOM 30% with a property value increase of -3.66% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Doolandella has fallen somewhat when compared to the 5 year average annual rate.
On average over the past year, suburb has had 6.92 sales per month, which equates to 83 per year.
With the median price for a house in Doolandella being $342000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.32%
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