QLD has seen average median house prices change by 0.88% which means that Acacia Ridge, 4110 has done well for property investors by showing a capital gain of -3.66% over the last year
Taking the average capital gain, or increase in median house value, Acacia Ridge,4110 has racked up an average of -3.66% over the period. This ranks it number 2503th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Acacia Ridge 4110 should be seeing an average reduction in asking price of around -7.48% . This means that Acacia Ridge is holding prices well when compared to other suburbs in QLD.
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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.