Brinsmead has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.41% to date .
If we look at median property appreciation over just the last three months, Brinsmead has given property investors a paper return of -2.15%. This puts Suburb as 672 on a list of fastest fasting appreciating suburbs in QLD
Property investors looking for a bargain in Brinsmead should be aiming for at least -5.01% off the asking price, which is the average vendor discount being achieved at the moment.
At number 411 in a list of fastest selling suburbs, Brinsmead is in the TOP 20% of suburbs in Australia with an average of days on market 46.96 for properties listed there.
With the median price for a house in Brinsmead being $455000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.91%