With a capital gain of 5.46% for the last 12 months, Birkdale, 4159 has performed for property investments than its average annual 2.12% property growth over the last 5 years.
While Birkdale,4159 ranked number 476th in QLD for increase in median house value (annualised) increase, it is ranked 307th over the last 5 years.
The most recent median price for Birkdale is $569500, with sellers offering an average of -5.25% off the asking price.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 2.12%, investors should hope to achieve an overall return of 4.38%
Birkdale is in the TOP 30% in QLD when comparing median price capital growth over the last year. Birkdale gave property investors a good capital gain figure when compared to the rest of the state, with 4.47%.
Taking the average capital gain, or increase in median house value, Birkdale,4159 has racked up an average of 4.47% over the period. This ranks it number 1196th in the whole country for real estate investors looking at median house price increases.
Birkdale4159 is located in QLD which offers an average discount of -5.73% to property investors. Birkdale itself is showing figures that indicate -4.94% is the average achievable by property buyers investing in the suburb.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 2.73%, investors should hope to achieve an overall return of 5.20%
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