If you compare the increase in value of investment property in Acacia Ridge, 4110 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.18%.
Acacia Ridge,4110 has offered an average of -1.18% return per annum in house price rises to property investors over the last three years.
The most recent median price for Acacia Ridge is $400238, with sellers offering an average of -4.10% off the asking price.
In the last year 109 properties changed hands in Acacia Ridge, which puts it as the 189th most active market in QLD when comparing the number of sales per suburb.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.68%, without taking into account capital value appreciation, which has been averaging out at 2.12%.
One of the few suburbs in Brisbane to have an ice skating rink, Acacia Ridge provides a unique entertainment option for its residentsFull summary
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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.Close