Giving property investors a an unimpressive capital gain of -1.96% for the last year, Acacia Ridge, 4110 is the 2805th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Acacia Ridge,4110 has racked up an average of -1.96% over the period. This ranks it number 2498th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Acacia Ridge are currently offering property investors an average price cut of -5.96% below the asking price at the moment.
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Buyers snap up houses quickly
Median unit price: $406,500
Three-year growth: 12.2%
Rental yield: 4.6%
Acacia Ridge is primarily residential, although an industrial pocket has been set up in the eastern part of the suburb. Automobile giant Toyota has established its managerial and distribution headquarters within the southern Queensland region here; moreover, one of the biggest railway freight yards in the state is located here.
There are several schools in Acacia Ridge, such as Watson Road State School, Acacia Ridge State School and Murri School.
House value growth rates have remained positive up to December 2018, although growth has slowed since 2013 with the average annual growth rate comes in at 2.2%. Nonetheless, houses are affordable, at a median price of $406,500, and sell quickly in 26 days on average.