QLD has seen average median house prices change by 2.44% which means that Burpengary, 4505 has done well for property investors by showing a capital gain of -2.33% over the last year
Burpengary,4505 has offered an average of -2.33% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.94% to buyers in Burpengary at the moment, which is less than average for the rest of QLD.
The QLD suburb of Burpengary, 4505 is in the Moreton Bay local government area.
Investment property in Burpengary has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.80%
Across a shorter period, Burpengary, 4505 has seen a median price increase of 0.21% over the last quarter.
Burpengary, 4505 is offering QLD ‘s 135th 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.
The suburb of Burpengary is regarded as one of the area’s fastest-growing residential suburbs, with many amenities popping up in recent years including major supermarkets like ALDI.Full summary
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Situated within the Moreton Bay region, the suburb of Burpengary is regarded as one of the area’s fastest-growing residential suburbs, with many amenities popping up in recent years including major supermarkets like ALDI.
There are also three primary schools and two high schools in town. For recreation, the Caboolture Regional Aquatic Centre is the place to be, with its many sports and picnic facilities. Burpengary is just 10km from the new satellite city of North Lakes, and it is served by a local railway station, making commutes easy.
Thus, it is no surprise that the housing market has consistently grown, with the average rental return coming in at nearly 5%. While the unit market has stumbled slightly over the past 12 months, returns are very strong at 7%.