Brendale, 4500 ranked 372th in QLD when comparing growth in median property values or capital gain over the last 12 months. Brendale is one of 2415 in our list for QLD
QLD has seen average median house prices change by -0.13% which means that Brendale, 4500 has not done well for property investors by showing a capital gain of 0.67% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Brendale has fallen somewhat when compared to the 5 year average annual rate.
At number 145th of QLD’s most discounted properties, Brendale is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Information supplied by:
Affordable suburb offers good yields
Median unit price: $389,000
Three-year growth: 0.6%
Rental yield: 4.6%
One of the industrial hubs of the Pine Rivers region, Brendale enjoys an advantageous location less than 20km from the Brisbane CBD.
Despite a stumble that had house values slipping by 0.3% in the year to January 2019, the January 2019 quarter recorded a recovery for the suburb, with prices going up by 8.1% in this period to hit a median of $389,000. Coupled with reasonable yield and strong demand from buyers, Brendale could be a great option for investment.
The suburb was named for a horse stud that belonged to a land developer. Since its establishment in around 1870, Brendale had undergone much change. The Brendale Farmers Market makes it home on Kremzow Road, and there are sports facilities in the suburb, including two golf courses, a driving range and a sporting complex. There is also a small park near a housing estate.