Over the last year, property investments in Arana Hills, 4054 have given investors a capital gain of 3.01%. This compares favourably with the 1.66% for QLD as a whole.
Arana Hills,4054 was ranked 1612 in Australia by increase in median property value over the quarter.
Arana Hills4054 is located in QLD which offers an average discount of -6.74% to property investors. Arana Hills itself is showing figures that indicate -3.97% is the average achievable by property buyers investing in the suburb.
The QLD suburb of Arana Hills, 4054 is in the Moreton Bay (R) local government area.
Arana Hills, 4054 ranked 145th in QLD when comparing growth in median property values or capital gain over the last 12 months. Arana Hills is one of 2415 in our list for QLD
The five-year average increase in median property values for Arana Hills,4054 has given property investors a potential capital gain of 6.67% across each of those five years.
Residents and property investors in Arana Hills have been waiting around 73.3333 days to sell a property.
Advertised rents are around the $375 mark per week – giving a return of 4.88% based on the median price in Suburb
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Arana Hills lies around 10km north-west of the Brisbane CBD, just past the Enoggera Military Camp, with good train and road links. Its median house price is in line with its neighbours.
Amenities here are good, with a Coles supermarket, a handful of cafes and six schools all being within a 2km radius.
“It’s a real family suburb,” says Hot Property Specialists’ Liz Wilcox. “But it’s more affordable than areas closer to the city.”
“There are a lot of old housing commission style homes on bigger blocks of 607m2 as a minimum, so there’s potential in years to come and there’s definitely room for development and renovation.”
In order to target its largely family based tenant pool, Wilcox suggests getting hold of a three-bedroom, two-bathroom house if possible. She adds however, that due to the housing commission style of housing that dominates the area, one-bathroom properties are far more common.
Looking at the rental statistics, 27% of the Arana Hills population is accounted for by renters according to Census data, and SQM Research predicts this figure to rise to 37% in the next five years.