Property investors who have had real estate in Burpengary, 4505 should be relatively 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 -1.15%
Across a shorter period, Burpengary, 4505 has seen a median price increase of -0.36% over the last quarter.
Burpengary4505 is located in QLD which offers an average discount of -6.86% to property investors. Burpengary itself is showing figures that indicate -4.99% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $385 weekly from the median priced house in this suburb.
With a capital gain of 0.00% for the last 12 months, Burpengary, 4505 has performed for property investments than its average annual 0.28% property growth over the last 5 years.
Comparing Burpengary,4505 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in Burpengary are currently offering property investors an average price cut of -5.65% below the asking price at the moment.
The QLD suburb of Burpengary, 4505 is in the Moreton Bay local government area.
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%.