Property value increases in Birkdale have tracked close to the QLD average of 1.91% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Birkdale has increased when compared to the 5 year average annual rate.
Birkdale4159 is located in QLD which offers an average discount of -7.44% to property investors. Birkdale itself is showing figures that indicate -5.99% is the average achievable by property buyers investing in the suburb.
At number 1019 in a list of fastest selling suburbs, Birkdale is in the TOP 30% of suburbs in Australia with an average of days on market 48.62 for properties listed there.
Birkdale, 4159’s gross rental yield is 4.45%
QLD has seen average median house prices change by -0.62% which means that Birkdale, 4159 has not done well for property investors by showing a capital gain of 27.63% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Birkdale comes in at number 169th in QLD.
Vendor discounting in Birkdale is giving property investors an average Vendor Discount of around -3.53%. This puts suburb at number 233th in QLD when ranking the most discounted suburbs.
On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.00%, investors should hope to achieve an overall return of 5.14%
Stretching from Tingalpa Creek to Wellington Point, the suburb of Birkdale is rich in amenities, with a location that offers access to shops and dining establishmentsFull summary
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Buyers enjoy a central location
Median house price: $569,500
Three-year growth: 15.6%
Rental yield: 4.3%
Stretching from Tingalpa Creek to Wellington Point, the suburb of Birkdale is rich in amenities, with a location that offers access to shops and dining establishments.
After 7.5% growth in the 12 months to May 2018, the median house price hit $570,000. This maintains the five-year streak of steady increases in values.
Investors enjoy a consistent stream of tenants while reaping 4.3% yield on weekly rents of $470, as the rental market boasts an average vacancy rate of just 0.9%.
Birkdale offers a lifestyle that is removed from Brisbane’s busy city while keeping residents close to the water, to schools, shops and public transport. A major shopping hub is located near the housing development of Aquatic Paradise. Birkdale State School and Birkdale South State School have been established here as well. Trains to the city stop at Birkdale railway station.Close