QLD has seen average median house prices change by 0.14% which means that Windsor, 4030 has not done well for property investors by showing a capital gain of 23.24% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Windsor comes in at number 15th in QLD.
Property investors who have had real estate in Windsor, 4030 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.31%
A -14.96% growth in median value for property investors in Windsor,4030 puts this suburb at number 84th in terms of best performing suburbs in QLD
Property buyers and investors in Windsor 4030 should be seeing an average reduction in asking price of around -5.81% . This means that Windsor is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 3.75 sales per month, which equates to 45 per year.
Advertised rents are around the $399 mark per week – giving a return of 5.21% based on the median price in Suburb
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Windsor is one of Brisbane’s premium suburbs, ticking all the boxes in terms of accessibility, amenities and demographics.
The suburb is 4km northeast of the CBD, and can be reached via direct train – the nearest stations are in Wilston and Bowen Hills – or bus. It’s also within easy reach of the M1 and Brisbane Airport via Kingsford Smith Drive.
There is a wide range of retail amenities, including independent groceries, delis, pharmacies, banking and a number of other shops along Lutwyche Road and Newmarket Road. Further retail stores, including national chains, an Aldi and a Coles, can also be found in the Centro shopping centre in nearby Lutwyche.
The location of the Queensland University of Technology and the Royal Brisbane Hospital in nearby Kelvin Grove and Herston provides a ready supply of employment opportunities and tenants.
Windsor’s handy location and diverse employment and education options mean the suburb is popular with a wide range of residents, including students, professionals and young families. Professionals and other white collar workers make up around a third of residents, and family incomes are more than $500pw higher than the Queensland average, according to SQM Research.
There's a good balance of owner-occupiers and city workers in the suburb, and the Windsor is still more affordable than its southern neighbours such as Bowen Hills.
A word of caution, though: the lower-lying areas to the west of the suburb were affected by the floods in January 2011, so investors are well advised to stay on the eastern side of Lutwyche road and away from Enoggera Creek when choosing a property.