If you compare the increase in value of investment property in Burpengary, 4505 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.92%.
Across a shorter period, Burpengary, 4505 has seen a median price increase of 1.19% over the last quarter.
Property investors looking for a bargain in Burpengary should be aiming for at least -5.53% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1347 in a list of fastest selling suburbs, Burpengary is in the TOP 40% of suburbs in Australia with an average of days on market 67.84 for properties listed there.
Situated 34.53km from the CBD, Burpengary is one of Moreton Bay localities in the postcode 4505.
Over the last year, property investments in Burpengary, 4505 have given investors a capital gain of -20.00%. This compares very badly with the 1.23% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Burpengary comes in at number 272th in QLD.
Property buyers and investors in Burpengary 4505 should be seeing an average reduction in asking price of around -7.19% . This means that Burpengary is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $3600 per annum or $300 every week.