Hendra, 4011 ranked 388th in QLD when comparing growth in median property values or capital gain over the last 12 months. Hendra is one of 2415 in our list for QLD
While Hendra,4011 ranked number 649th in QLD for increase in median house value (annualised) increase, it is ranked 37th over the last 5 years.
Sellers are offering property buyers an average discount of -11.28% to buyers in Hendra at the moment, which is less than average for the rest of QLD.
In the last year 94 properties changed hands in Hendra, which puts it as the 236th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $625 weekly from the median priced house in this suburb.
Hendra’s average vacancy rate went up from 2.12% in 2016 to 2.43% this year. This could be an example of Brisbane’s recent property market issues.Full summary
Information supplied by:
Dining district sees declining occupancy
Median house price: $953,000
Vacancy rate: 2.43%
Three-year growth: 27.07%
A suburb that began as a fruit and dairy farming district, Hendra is a bustling foodie hub, being home to numerous restaurants, cafes and pubs. It is also just 6km from Brisbane, and is a family-oriented community. This distinction is supported by the presence of Hendra Secondary College.
Several recreational parks and bike paths line the suburb, with some running along Kedron Brook. The suburb is home to the Doomben Racecourse as well. Neighbouring suburbs and the CBD are highly accessible through the many public transport services, including a link to the northern train line via Hendra station. Bus services are also offered, and residents are close to Brisbane’s airport.
Nonetheless, these advantages have not stopped Hendra’s vacancy rates from rising, as the average rate went up from 2.12% in 2016 to 2.43% this year. This could be an example of Brisbane’s recent property market issues. Close