At number 1805th in the list of Australian suburbs ordered by increase in median house value over the last year, Barlows Hill, 4703 is in the top half with a property value increase of 6.49% recorded in median house prices.
Barlows Hill,4703 was ranked 3914 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Barlows Hill should be aiming for at least -6.23% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Barlows Hill have been waiting around 99.06 days to sell a property.
Property investors should expect to get $365 weekly from the median priced house in this suburb.
Situated next to the water in the Central Queensland region, Barlows Hill is a fairly new suburb, but it looks to have much potential.Full summary
Information supplied by:
Coastal suburb profits by providing a peaceful lifestyle
Median house price: $481,000
Three-year growth: 33.98%
Rental yield: 3.89%
Situated next to the water in the Central Queensland region, Barlows Hill is a fairly new suburb, but it looks to have much potential.
The suburb reported 33.61% growth over the previous year following a similar rate three years ago. Its average annual growth rate is coming in strong at nearly 7%, with 2017 looking to sustain this trend by starting off with a 5.19% increase in house prices in January. Returns are a bit low for investors at just 3.89%, but demand appears to be reasonable since the average vendor discount rate is quite low at 4.91%.
Barlows Hill serves as a lovely retreat from city life, with its focus on a coastal lifestyle and nature. Residents have access to beaches and forests, which offer views of the sea. Fishing, swimming and surfing are popular pastimes in this area. For those who prefer to stay on land, Bradford Park is the recreational spot of choice. Moreover, neighbouring Yeppoon, reachable by bus, is home to restaurants, cafes and pubs.Close