Investment property in Acacia Ridge 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 -3.66%
A 23.44% growth in median value for property investors in Acacia Ridge,4110 puts this suburb at number 601th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.95% offered to property buyers. Sellers in Acacia Ridge itself are offering an average vendor discount of -6.49% to real estate investors.
Acacia Ridge is 373th on a list of best yielding suburbs for rents in QLD with a 4.84% return
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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.