Hendra is in the TOP 30% in QLD when comparing median price capital growth over the last year. Hendra gave property investors a good capital gain figure when compared to the rest of the state, with 19.52%.
Across a shorter period, Hendra, 4011 has seen a median price increase of 3.77% over the last quarter.
Hendra4011 is located in QLD which offers an average discount of -4.90% to property investors. Hendra itself is showing figures that indicate -6.34% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 9.42 sales per month, which equates to 113 per year.
Hendra is 659th on a list of best yielding suburbs for rents in QLD with a 3.25% return
Information supplied by:
Dining district sees declining occupancy
Median house price: $953,000
Vacancy rate: 2.43%
Three-year growth: 27.07%
A suburb that began as a fruit and dairy farming district, Hendra is a bustling foodie hub, being home to numerous restaurants, cafes and pubs. It is also just 6km from Brisbane, and is a family-oriented community. This distinction is supported by the presence of Hendra Secondary College.
Several recreational parks and bike paths line the suburb, with some running along Kedron Brook. The suburb is home to the Doomben Racecourse as well. Neighbouring suburbs and the CBD are highly accessible through the many public transport services, including a link to the northern train line via Hendra station. Bus services are also offered, and residents are close to Brisbane’s airport.
Nonetheless, these advantages have not stopped Hendra’s vacancy rates from rising, as the average rate went up from 2.12% in 2016 to 2.43% this year. This could be an example of Brisbane’s recent property market issues.