Property value increases in Inala have tracked just higher than the QLD average of 1.88% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Inala has increased when compared to the 5 year average annual rate.
Inala, 4077 is offering QLD ‘s 409th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
At number 889 in a list of fastest selling suburbs, Inala is in the TOP 30% of suburbs in Australia with an average of days on market 60.61 for properties listed there.
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.