East Brisbane, 4169 ranked 142th in QLD when comparing growth in median property values or capital gain over the last 12 months. East Brisbane is one of 2415 in our list for QLD
The five-year average increase in median property values for East Brisbane,4169 has given property investors a potential capital gain of 42.94% across each of those five years.
At number 191th of QLD’s most discounted properties, East Brisbane is in the bottom 30% of the state/territory when listing in order of most discounted to least.
A $510 per week rent on the median house gives suburb investors a gross yield of circa 2.95%, without taking into account capital value appreciation, which has been averaging out at 5.29%.
East Brisbane is an average performer in QLD when comparing median price capital growth over the last year. East Brisbane gave property investors a good capital gain figure when compared to the rest of the state, with 2.97%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Brisbane has fallen somewhat when compared to the 5 year average annual rate.
At number 94th of QLD’s most discounted properties, East Brisbane is in the bottom 30% of the state/territory when listing in order of most discounted to least.
At number 943 in a list of fastest selling suburbs, East Brisbane is in the bottom 40% of suburbs in Australia with an average of days on market 85.44 for properties listed there.
Situated 2.31km from the CBD, East Brisbane is one of Brisbane localities in the postcode 4169.
An inner city suburb of Brisbane, East Brisbane is a popular suburb among young professionals and people downsizing. Nestled between Kangaroo Point and Norman Park, the suburb is a relatively dense area with a number of apartments and townhouses built to cater for the growing demand from homebuyers and renters
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An inner city suburb of Brisbane, located just 4 km east of the CBD, East Brisbane is a popular suburbs among young professionals and people downsizing. Nestled between Kangarro Point and Norman Park, the suburb is a relatively dense area with a number of apartments and townhouses built to cater for the growing demand from homebuyers and renters.
Although East Brisbane does not have a train station, it has regular bus service to and from the CBD. It also has good road links via the Southeast Freeway.
Residents enjoy full retail amenities of the CBD including those along Old Cleveland Road and Queen Street Mall. The suburb’s proximity to Mowbray Park means residents can enjoy some good picnic spots along the Brisbane River and waterfront parkland in Heath Park also provides waterfront parkland, located on the banks of Norman Creek.
The suburb has recorded solid growth over the last 10 years. Unlike the other Brisbane suburbs which are still struggling to recover from their 2008 peak, East Brisbane has continued to grow to another peak of $700,750 in June 2010.
“East Brisbane has a lot of large-scale developments going on including residential developments commercial developments and a lot of infrastructure spending such as the Cross River Rail Project - an $8 billion dollar development which is essentially going to take rail within the inner city underground. At the moment at peak time the rail network is at capacity and these should take some burden off that. It’s going to increase the level of accessibility to East Brisbane. In the near term, it’s going to cause some headache during construction but over the longer term it’s going to see significant growth for the region,” says PRDnationwide's Josh Brown.