At number 1016th in the list of Australian suburbs ordered by increase in median house value over the last year, Birkdale, 4159 is in the top 30% with a property value increase of 9.70% recorded in median house prices.
Comparing Birkdale,4159 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Birkdale, 4159 is offering QLD ‘s 617th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
At number 881 in a list of fastest selling suburbs, Birkdale is in the TOP 30% of suburbs in Australia with an average of days on market 54.48 for properties listed there.
With the median price for a house in Birkdale being $585500 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.26%
Birkdale, 4159 ranked 118th in QLD when comparing growth in median property values or capital gain over the last 12 months. Birkdale is one of 2415 in our list for QLD
Over the longer term, Birkdale has seen property prices show investors a 2.72% return over the last 3 years. This is an improvement over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Birkdale is offering property investors an average of -5.94. This rate of discount on properties puts Suburb at number 155th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
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