Investment property in Belgian Gardens has done pretty 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 0.99%
While Belgian Gardens,4810 ranked number 65th in QLD for increase in median house value (annualised) increase, it is ranked 627th over the last 5 years.
Property investors looking for a bargain in Belgian Gardens should be aiming for at least -12.49% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2410 in a list of fastest selling suburbs, Belgian Gardens is in the bottom 40% of suburbs in Australia with an average of days on market 94.52 for properties listed there.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.07%, without taking into account capital value appreciation, which has been averaging out at 2.08%.
QLD has seen average median house prices change by 1.12% which means that Belgian Gardens, 4810 has done well for property investors by showing a capital gain of 2.84% over the last year
A -21.15% growth in median value for property investors in Belgian Gardens,4810 puts this suburb at number 314th in terms of best performing suburbs in QLD
In the last year 12 properties changed hands in Belgian Gardens, which puts it as the 365th most active market in QLD when comparing the number of sales per suburb.
Belgian Gardens, 4810’s gross rental yield is 5.24%