Property value increases in Murarrie have tracked just higher than the QLD average of 2.81% over the last 12 months.
Taking the average capital gain, or increase in median house value, Murarrie,4172 has racked up an average of 5.59% over the period. This ranks it number 2547th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Murarrie should be aiming for at least -4.49% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Murarrie the average time real estate has been on the market is 54.52 days.
Murarrie is 615th on a list of best yielding suburbs for rents in QLD with a 3.74% return
Murrarie’s house market has grown over the last three years, with the median price increasing 16.7%Full summary
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Prices slip in river suburb
Median house price: $604,500
Three-year growth: 16.7%
Rental yield: 3.9%
Murrarie’s house market has grown over the last three years, with the median price increasing 16.7%.
Murarrie is a residential and industrial suburb on the southern banks of the Brisbane River. While a yearly growth rate of -0.7% has been recorded in the last 12 months, Murarrie remains a popular suburb with a strong track record of long-term capital growth.
Bordering the Gateway Bridge and just 15 minutes’ drive from Brisbane’s CBD, Murarrie is a reasonably sized community of nearly 4,000 people. The suburb contains everything you need to call it home, with local facilities including childcare centres, shopping malls and several primary schools. It’s also where two popular Brisbane newspapers – the Courier Mail and Sunday Mail – are printed.
The median house price in Murarrie is $604,500, and with plenty of public transport options Murarrie is an affordable choice for landlords seeking a family home investment.Close