At number 1999th in the list of Australian suburbs ordered by increase in median house value over the last year, Geebung, 4034 is in the top half with a property value increase of 0.44% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Geebung comes in at number 203th in QLD.
Sellers are offering property buyers an average discount of -5.86% to buyers in Geebung at the moment, which is less than average for the rest of QLD.
Residents and property investors in Geebung have been waiting around 40.2391 days to sell a property.
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Northern Brisbane shows consistency
Median house price: $540,000
Three-year growth: 14.9%
Rental yield: 3.9%
In the northern region of Brisbane, the suburb of Geebung – which is adjacent to the popular suburb of Chermside – is maintaining a reliable pattern of growth.
While increases in house prices are not shooting through the roof, the suburb has an average annual growth rate of 3.9%, with growth peaking in 2013 at 31.7%. Such dwellings typically spend only 33 days on the market at a median value of $540,000, with investors reaping 3.9% returns on rent at $400 per week.
Geebung is a stop on the Caboolture railway line, making it easy to commute to the Brisbane CBD and out west to Ipswich, if required. In 2013, Geebung also gained acclaim for being the site of a major fossil find. Schools are in the vicinity, located in nearby suburbs like Wavell Heights.