QLD has seen average median house prices change by 2.40% which means that Burpengary, 4505 has done well for property investors by showing a capital gain of 4.94% over the last year
Comparing Burpengary,4505 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Burpengary should be aiming for at least -5.52% off the asking price, which is the average vendor discount being achieved at the moment.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 4.71%, without taking into account capital value appreciation, which has been averaging out at 4.43%.
Property investors who have had real estate in Burpengary, 4505 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.33%
The five-year average increase in median property values for Burpengary,4505 has given property investors a potential capital gain of -23.33% across each of those five years.
Property buyers and investors in Burpengary 4505 should be seeing an average reduction in asking price of around -7.56% . This means that Burpengary is holding prices well when compared to other suburbs in QLD.
In the last year 35 properties changed hands in Burpengary, which puts it as the 223th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $300 weekly from the median priced house in this suburb.