Giving property investors a an unimpressive capital gain of -3.59% for the last year, Gordon Park, 4031 is the 2907th highest performer in Australia in this respect.
Gordon Park,4031 has offered an average of -3.59% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Gordon Park is giving property investors an average Vendor Discount of around -3.00%. This puts suburb at number 713th in QLD when ranking the most discounted suburbs.
A $525 per week rent on the median house gives suburb investors a gross yield of circa 3.23%, without taking into account capital value appreciation, which has been averaging out at 4.26%.
Gordon Park has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.15% to date .
A -15.04% growth in median value for property investors in Gordon Park,4031 puts this suburb at number 43th in terms of best performing suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Gordon Park, 4031. Typically our figures indicate that -4.84% is being offered, which puts this QLD suburb at 784th most discounted overall in Australia.
Residents and property investors in Gordon Park have been waiting around 82.4667 days to sell a property.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.57%, without taking into account capital value appreciation, which has been averaging out at -0.24%.
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Tiny suburb has a big heart
Median house price: $800,000
Three-year growth: 7.4%
Rental yield: 3.3%
It might be the smallest suburb in Brisbane, but Gordon Park is big in other respects. Its house market is enjoying an extended of steady growth.
While this growth has slowed in the three months to June 2018, Gordon Park holds on to the positive streak observed since 2013. The median house value comes in at $800,000, but even with the price tag, such properties spend less than two months on the market.
Gordon Park is bordered by Kedron Brook and park lands accessible via a cycling trail. It provides easy access to major roads like the Airport Link M7 and the Northern Busway – thus, the airport is only a 10-minute drive away. Buses bring commuters to the Brisbane CBD in less than half an hour, offering convenient travel to work and school for families.