Upper Kedron, 4055 ranked 396th in QLD when comparing growth in median property values or capital gain over the last 12 months. Upper Kedron is one of 2415 in our list for QLD
Comparing Upper Kedron,4055 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Upper Kedron are currently offering property investors an average price cut of -2.86% below the asking price at the moment.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.47%, without taking into account capital value appreciation, which has been averaging out at 2.45%.
Located in the outer ring of Brisbane, Upper Kedron has been reporting consistent growth for the past five years, even though the increase rate has been trending downwards thus far.Full summary
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QLD – Stock shoots up in developing suburb
Median house price: $611,000
Stock on market: 100.00%
12-month growth: 0.99%
Located in the outer ring of Brisbane, Upper Kedron has been reporting consistent growth for the past five years, even though the increase rate has been trending downwards thus far.
Despite house prices rising by only 0.99% in the past 12 months, vendors have been able to unload properties at a very low average discount rate of 2.6%. Moreover, investors can gain reasonable returns of nearly 5%. The local property market may have been affected by the amount of stock on market skyrocketing by 100% over the same period.
With development ongoing in Upper Kedron, this increase in supply is certainly to be expected. Since it is situated at the edge of Brisbane Forest Park, it could attract those who wish to reside close to nature. Neighbouring suburb The Gap is just a short distance for shopping needs. Brisbane itself is just roughly 30 minutes away by car.Close