Murarrie is an average performer in QLD when comparing median price capital growth over the last year. Murarrie gave property investors a average capital gain figure when compared to the rest of the state, with 2.42%.
Murarrie,4172 has offered an average of 2.42% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Murarrie is giving property investors an average Vendor Discount of around -3.32%. This puts suburb at number 827th in QLD when ranking the most discounted suburbs.
At number 1420 in a list of fastest selling suburbs, Murarrie is in the TOP 40% of suburbs in Australia with an average of days on market 55.85 for properties listed there.
Using the current median advertised rental of $497.5 and the average annual increase in value of a median property of 2.76%, investors should hope to achieve an overall return of 4.07%
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