If you compare the increase in value of investment property in Arana Hills, 4054 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.60%.
The five-year average increase in median property values for Arana Hills,4054 has given property investors a potential capital gain of 22.64% across each of those five years.
Often selling an investment property can take time, and in Arana Hills the average time real estate has been on the market is 8.9 days.
Arana Hills, 4054’s gross rental yield is 4.46%
Giving property investors a an unimpressive capital gain of -0.46% for the last year, Arana Hills, 4054 is the 1180th highest performer in Australia in this respect.
Arana Hills,4054 has offered an average of -0.46% return per annum in house price rises to property investors over the last three years.
Arana Hills is 231th on a list of best yielding suburbs for rents in QLD with a 4.94% return
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.Full summary
Information supplied by:
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.