Crestmead, 4132 ranked 294th in QLD when comparing growth in median property values or capital gain over the last 12 months. Crestmead is one of 2415 in our list for QLD
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Crestmead has increased when compared to the 5 year average annual rate.
Crestmead, 4132 is offering QLD ‘s 754th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
With the median price for a house in Crestmead being $341750 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.33%
The large suburb of Crestmead saw housing stock drop in the 12 months leading up to August 2017. This could serve to heighten demand, boosting house pricesFull summary
Information supplied by:
Housing supply goes down
Median house price: $323,000
Stock on market: -29.6%
12-month growth: 1.2%
The large suburb of Crestmead saw housing stock drop in the 12 months leading up to August 2017. This could serve to heighten demand, boosting house prices.
The median value sits at a very low $323,000, with growth hovering around just 1%. Given the relatively short distance to the Brisbane CBD, Crestmead has remained in high demand. Moreover, it is an industrial centre in itself, being the site of the Crestmead Industrial Estate.
The suburb is also home to Crestmead Community Centre, which also contains health clinics and sets many community activities. Crestmead State School and St Francis College offer primary and secondary education. In addition, St Francis College has opened Numbellie Karulboo Community Centre, located on its grounds, for public use to educate residents about indigenous culture.Close