Upper Kedron, 4055 ranked 514th 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
If we look at median property appreciation over just the last three months, Upper Kedron has given property investors a paper return of -0.79%. This puts Suburb as 533 on a list of fastest fasting appreciating suburbs in QLD
Upper Kedron, 4055 is offering QLD ‘s 689th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
Information supplied by:
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.