Property investors who have had real estate in Inala, 4077 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.06%
Inala,4077 has offered an average of 10.06% return per annum in house price rises to property investors over the last three years.
Inala4077 is located in QLD which offers an average discount of -7.23% to property investors. Inala itself is showing figures that indicate -5.54% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 15.42 sales per month, which equates to 185 per year.
Advertised rents are around the $320 mark per week – giving a return of 4.75% based on the median price in Suburb
Inala is one of the few suburbs in the Brisbane area where you can get a house in good shape for under $300,000, and first time homebuyers especially seem to be knocking on the door.
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Inala’s market suffered along with the rest of the region in the wake of the 2011 floods, but strong fundamentals and increased buyer confidence point to an up year for this up and coming suburb.
Estate agent Isaac Nguyen with All Properties Group says he has definitely seen more interest from young families in Inala in recent months, as the dip in prices seemed to turn some renters into buyers. “It’s one of the few suburbs in the Brisbane area where you can get a house in good shape under $300,000, and first time homebuyers especially seem to be knocking on the door.”
Nguyen also points to a wave of recent renovations in the area as a sign that the area is on the way up. Investors have also been eyeing Inala as rents held form through the downturn pushing yields back to above 5%.
Best Street(s): Goldfinch St: This long, broad street boasts a number of well-maintained homes with striking front gardens, along with good access to parkland and shops.