Over the last year, property investments in East Brisbane, 4169 have given investors a capital gain of 13.92%. This compares very favourably with the 2.39% for QLD as a whole.
A 46.82% growth in median value for property investors in East Brisbane,4169 puts this suburb at number 182th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in East Brisbane, 4169. Typically our figures indicate that -9.03% is being offered, which puts this QLD suburb at 506th most discounted overall in Australia.
Residents and property investors in East Brisbane have been waiting around 64.28 days to sell a property.
Advertised rents are around the $515 mark per week – giving a return of 2.98% based on the median price in Suburb
East Brisbane, 4169 ranked 125th 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
Taking the average capital gain, or increase in median house value, East Brisbane,4169 has racked up an average of 3.95% over the period. This ranks it number 1267th in the whole country for real estate investors looking at median house price increases.
East Brisbane, 4169 is offering QLD ‘s 76th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.
Situated 2.14km 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
Information supplied by:
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.