If you compare the increase in value of investment property in Birkdale, 4159 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.55%.
While Birkdale,4159 ranked number 340th in QLD for increase in median house value (annualised) increase, it is ranked 247th over the last 5 years.
Property buyers and investors in Birkdale 4159 should be seeing an average reduction in asking price of around -5.01% . This means that Birkdale is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 20.92 sales per month, which equates to 251 per year.
With the median price for a house in Birkdale being $528000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.43%
Birkdale has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.84% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Birkdale has increased when compared to the 5 year average annual rate.
The most recent median price for Birkdale is $400000, with sellers offering an average of -4.26% off the asking price.
In the last year 44 properties changed hands in Birkdale, which puts it as the 188th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4500 per annum or $375 every week.